{"id":140565,"date":"2023-12-04T07:01:27","date_gmt":"2023-12-04T00:01:27","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/average-asking-price-for-uk-home-will-fall-by-1-in-2024-says-rightmove\/"},"modified":"2023-12-04T07:10:31","modified_gmt":"2023-12-04T00:10:31","slug":"average-asking-price-for-uk-home-will-fall-by-1-in-2024-says-rightmove","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/average-asking-price-for-uk-home-will-fall-by-1-in-2024-says-rightmove\/","title":{"rendered":"Average asking price for UK home will fall by 1% in 2024, says Rightmove"},"content":{"rendered":"<p>&#013;<br \/>\nCompetition among sellers will increase as mortgage rates settle at \u2018elevated\u2019 level, website predictsAverage house prices in the UK will fall by 1% next year as competition increases among sellers, Britain\u2019s biggest property website has forecast.Sellers were likely to have to price more competitively to secure a buyer in 2024, while mortgage rates would settle down though \u201cremain elevated\u201d, said Rightmove. Continue reading&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : theguardian.com&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.theguardian.com\/money\/2023\/dec\/04\/uk-house-prices-likely-fall-1-per-cent-2024-rightmove\" target=\"_blank\" rel=\"noopener\">Average asking price for UK home will fall by 1% in 2024, says Rightmove<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Competition among sellers will increase as mortgage rates settle at \u2018elevated\u2019 level, website predictsAverage house&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-140565","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-Azb","jetpack-related-posts":[{"id":71633,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/more-than-third-of-uk-home-sellers-cut-asking-price-says-rightmove\/","url_meta":{"origin":140565,"position":0},"title":"More than third of UK home sellers cut asking price, says Rightmove","date":"November 13, 2017","format":false,"excerpt":"\r Property website says new sellers being too optimistic by not discounting by more as overall market stalls and interest rates riseMore than a third of home owners trying to sell their house have been forced to reduce their asking price, with the number of price cuts at their highest\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":140642,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/average-asking-price-for-home-in-uk-drops-by-7000-in-december\/","url_meta":{"origin":140565,"position":1},"title":"Average asking price for home in UK drops by \u00a37,000 in December","date":"December 11, 2023","format":false,"excerpt":"\r Prices usually decrease at this time of year but fall is greater than 20-year average owing to high mortgage rates, says RightmoveThe average asking price for a UK home has dropped by almost \u00a37,000 this month as sellers became more competitive as they fought to find a buyer for\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":148858,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-housing-market-starts-new-year-with-a-bang-says-rightmove\/","url_meta":{"origin":140565,"position":2},"title":"UK housing market \u2018starts new year with a bang\u2019, says Rightmove","date":"January 20, 2025","format":false,"excerpt":"\r Number of homes new to market 11% higher than a year ago, despite uncertainty over interest rates and stamp dutyA record number of new sellers have come on to the UK housing market since Boxing Day, while the average price and the number of sales agreed also increased, pointing\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":153697,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/average-asking-price-for-uk-home-hits-new-high-of-almost-380k\/","url_meta":{"origin":140565,"position":3},"title":"Average asking price for UK home hits new high of almost \u00a3380k","date":"May 19, 2025","format":false,"excerpt":"\r Rightmove says figure has risen in May by 0.6% compared with April despite lower demand from new buyersThe average asking price of a UK home has hit a new record high for the second month in a row, with sellers seeking almost \u00a3380,000 on average in May, according to\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":26474,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-first-time-buyers-hit-by-steeper-rises-in-starter-home-prices\/","url_meta":{"origin":140565,"position":4},"title":"UK first-time buyers hit by steeper rises in starter home prices","date":"September 19, 2016","format":false,"excerpt":"\r Rightmove poll shows starter properties such as two-bed flats are 10% higher year on year despite Brexit vote uncertaintyFirst-time buyers hoping to snap up a bargain after the Brexit vote could be in for a shock with figures showing new sellers in England and Wales asking 3.3% more for\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":155818,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-house-prices-fall-in-toughest-sellers-market-in-10-years\/","url_meta":{"origin":140565,"position":5},"title":"UK house prices fall in toughest sellers\u2019 market in 10 years","date":"June 16, 2025","format":false,"excerpt":"\r Rightmove says prices dropping as more properties are available and after stamp duty increases in EnglandBusiness live \u2013 latest updatesProperty asking prices slipped in June, as sellers faced the toughest competition in a decade to find buyers.The \u201cunusual dip\u201d in prices \u2013 by 0.3% to \u00a3378,420 \u2013 compares with\u2026","rel":"","context":"In &quot;Property 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