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The Guardian - UK
The Guardian - UK
Business
Miles Brignall

Average asking price of UK homes down by 2.1% in a month, says Rightmove

Residential housing at dusk
The fall followed a 1.1% decrease in prices that was reported in November. Photograph: Murdo MacLeod/The Guardian

The average asking price of homes being put on the UK market has fallen by 2.1% over the last month, according to Rightmove, which said it had seen the largest pre-Christmas dip of the last four years.

The UK’s biggest property website said the average asking price was £359,137 in early December – about £7,862 less than a month previously. The fall in asking prices followed a 1.1% decrease in November’s prices, and will be seen as further evidence that the property market is rapidly cooling.

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