One in every 16 homes has changed hands this year, estimates Zoopla
Average property prices have increased by 6.9% over the last year, says Zoopla, but the pace of growth is slowing, and the supply of homes available to buy should improve after Christmas.
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Zoopla predicts UK house price growth to slow to 3% by the year’s end
"Buyer demand remains high but there are now signs that market is softening," says Zoopla's research chief, as more vendors cut asking prices and deals take longer to materialise.
New Year demand for property up 50% – Zoopla
“There are signs that the imbalance between demand and supply is starting to ease,” says Zoopla in its latest market update.
Traditional Summer dip sees asking prices fall for first time this year – Rightmove
"Prices usually drop in August, and this 1.3% drop is on a par with the average August drop over the past ten years," explains the Rightmove team.
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