Asking prices are falling

First time asking prices have fallen marginally in October for the first time across all regions since the financial crash with the biggest decline, 2.7% coming in the South East with central London down as much as 6.9%.

The average time to sell and the number of sales agreed remained relatively static perhaps demonstrating that sellers and their agents are becoming more realistic.

So what does this mean?

It is more important than ever that your estate agent gives you truthful honest advice and has the the data to back it up.

Make sure you check out our guide on questions to ask an estate agent.