Asking Prices Rise 0.8%: Early Autumn Activity Fuels Market Growth

Monday, 16 September 2024, 02:34

Asking prices rise 0.8% in September as early autumn activity ignites the housing market. Annual price growth holds steady at 1.2%, while sales agreed surge by 27%.
Forbes
Asking Prices Rise 0.8%: Early Autumn Activity Fuels Market Growth

Asking Prices Rise 0.8% Amid Early Autumn Growth

In September, asking prices have seen an increase of 0.8%, marking a promising start to the traditional busy autumn season. This noteworthy uptick indicates renewed interest in the housing market.

Annual Price Growth and Sales Agreed

Annual price growth remains stable at 1.2%, demonstrating resilience in the current market conditions. Furthermore, the number of sales agreed has experienced a remarkable 27% increase, signifying enhanced buyer activity and confidence.

Market Outlook

With these trends, analysts are keenly observing how the early burst of autumn activity may signal a longer-term shift in market dynamics, encouraging potential buyers and sellers as they adjust to changing prices and availability.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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