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UK house sales dropped 8% in November, with experts foreseeing further declines in 2025.
UK house sales fell by 8% month-on-month in November 2024, with 92,640 properties sold, though this was still 13% higher than November 2023.
Mortgage approvals for house purchases also dipped by around 2,400 in November but remained above the previous 12-month average.
Halifax reported a 0.2% decrease in house prices in December, after five months of increases.
Experts predict downward pressure on prices and transaction activity in 2025 due to higher borrowing costs.
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Las ventas de casas en el Reino Unido disminuyeron un 8% en noviembre, y los expertos prevén nuevas disminuciones en 2025.