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flag UK house sales dropped 8% in November, with experts foreseeing further declines in 2025.

flag 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. flag Mortgage approvals for house purchases also dipped by around 2,400 in November but remained above the previous 12-month average. flag Halifax reported a 0.2% decrease in house prices in December, after five months of increases. flag Experts predict downward pressure on prices and transaction activity in 2025 due to higher borrowing costs.

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