Record number of sellers come to market on Boxing Day
Visits to Rightmove nearly doubled between Christmas Day and Boxing Day.
As predicted in our Mid-Monthly News last month, Boxing Day saw a hub of activity in the property market with a record number of sellers coming to market on Boxing Day according to Rightmove stats.
They say, "Even before the new year began, some home-sellers started to get their 2024 moving. Just one day after Christmas, on Boxing Day, we saw a record number of homes listed for sale. More than 10,000 new properties came to market, which is the biggest number of new sellers in one day since 2011...
Our mortgage expert Matt Smith says: “Unless things change, the signs are positive that lenders will reduce rates further over the coming weeks. Combined with the early-year bounce in home-mover activity we’re starting to see, lenders who price more competitively can expect growing interest from those looking to take out a mortgage soon.”
To read the full article from Rightmove please visit this LINK.
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