Back
News

Rightmove: Housing market recovery will stall next year

The UK housing market recovery will stall in 2010 as the supply of homes increases because of forced sales, Rightmove has predicted.

 

In a statement, the property website said average asking prices would stagnate next year after rising about 2% in 2009.

 

Prices slipped 2.2% this month to an average of £221,463 and may continue to drop next month.

 

paul.norman@estatesgazette.com

Up next…