UK home value indicator -1.7% in December (vs. -1.four% anticipated)

Information by way of property web site Rightmove within the UK

• Common asking costs for
  newly listed homes and flats fell by 1.7% in
  December m/m
• +1.four% y/y

The report does word although that exercise was strong for the time of 12 months as movers
aimed to finish gross sales earlier than property buy taxes rise in
April:

• The stamp obligation adjustments are a cloud over the market on the
  second, with some teams far more impacted than others, and
  due to this fact eager to keep away from the extra costs

This text was written by Aaron Cutchburt at www.ubaidahsan.com.



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