Our reporter Pedro Goncalves writes:
The average asking price for properties coming to market in the UK has risen by 0.3% this month, equivalent to £1,199, bringing the total to £371,958, a small uptick as most owners are pricing homes to sell quickly.
This increase falls short of the typical October rise of 1.3%, amid a surge in buyer choice, which has reached levels not seen in a decade, according to property website Rightmove.
With a broader array of properties available, buyers are leveraging their newfound negotiating power, keeping price increases in check. Market activity, however, remains strong despite the uncertainty and fears surrounding the upcoming autumn budget.
