Or the fact that Joe public is terrified to spend what savings they have and live in fear of the next Government policy announcement
The average price a home is being listed for fell £6,589 month-on-month in November, according to property portal Rightmove.
The website said the 1.8 per cent dip was the biggest monthly reduction at this time of year since 2012, and took the average price tag on a home coming to market across Britain to £364,833.
Experts have said speculation of potential property taxes at this month’s Budget have caused some households to pause their buying plans, particularly at the top end of the market.
Rightmove’s figures show that more than a third (34 per cent) of homes available for sale have had an asking price reduction, with the average size of price reduction being 7 per cent. Both figures are the highest since February 2024, Rightmove said.