Analysis of Rightmove’s data since 2010 shows that asking prices in September have fallen in five of the past eight years RightmoveHomeowners hoping for an autumn bounce in property values have been left deflated after the biggest fall in September prices for four years. This time of year has traditionally led to a boost, although the trend has weakened this decade. Rightmove, the online property portal, said that the asking price of homes coming to the market had fallen by £3,660, or 1.2 per cent, this month. Worst hit was London, which was down 2.9 per cent as the market continued to cool. Miles Shipside, director and housing market analyst at Rightmove, said: “As we enter the autumn selling season it is usual to see estate agents advising new-to-the-market sellers to push up their asking prices.

Source: The Times September 17, 2017 23:03 UTC