‘Greater realism’ hits property sellers, as more under-asking offers accepted

Agreed sales dropped both week-on-week and against last year, despite a continued post-summer rise in new instructions.

The average price tag on a newly-listed home has risen for the first time since May, but Rightmove warns that sellers are competing for buyers in the most crowded market for 12 years.

Sales activity has picked up in traditional back-to-school fashion, but the market remains quieter than in previous years.