Rightmove reports busiest ever festive period

"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.

Property portal expects the average UK asking price to end 2022 some 7% higher than it started the year.

Property market activity "has remained brisk" over the last month, says buying agency Garrington, although there's "a growing sense of caution amongst buyers and sellers alike, who have increasingly divided…