The Halifax has reported that house price growth has dropped to the slowest rate since 2013, however, prices are still up by 1.1% over the last year.
A levelling market is great news for both buyers and seller alike as it generally means more properties to buy and that can only be a good thing especially for those trying to juggle buying and selling.
Halifax Managing Director has stated "Underlying market indicators, including completed sales and mortgages approvals, continue to be broadly stable. Meanwhile for buyers, important affordability measures – such as wage growth and interest rates – still look favourable."
A healthy level housing market is a great opportunity. Still time to get moved before Christmas! Call your local Aldreds office now!