UK Real Estate Update: December Sees 1.7% Drop in Asking Prices Amidst Strong Market Activity

In December 2024, the UK real estate market witnessed a notable decrease in average asking prices, with figures recorded at a

1.7% drop as reported by the leading property portal Rightmove. Despite this reduction, the overall market activity remained robust, which is somewhat atypical for the season. This article explores the implications of these shifts on both buyers and sellers, while also considering what the future holds for the property market as it faces ongoing challenges into
2025.