This is 0.5% or £1,505 lower than in October, when house sellers were typically asking £323,530 - a record high amount for the index from Rightmove. Despite the dip, asking prices are still 6.3% higher than a year ago. Rightmove said market activity is high as buyers are looking to beat a stamp duty holiday deadline on 31 March 2021. "It's important to note that these figures are asking prices, not achieved values. "In this case, lower asking prices are precisely what you'd expect to see."

Source: Daily Mirror November 16, 2020 08:38 UTC