asking prices fall

Asking prices fall

Property industry reacts as asking prices fall

Director of Benham and Reeves, Marc von Grundherr, commented:

“The wheels may seem to be coming off the UK property market with this, the biggest fall in home asking prices that we’ve seen in quite a while, especially in specific parts of the country such as the South West which is cooling faster than most as it had fared better than other places during the pandemic in increase terms...