According to Rightmove, the price of property coming on the market has dropped by an average of 0.6% (-£2,044) compared to October, the largest monthly fall since January. This could offer an opportunity for bargain hunters to purchase a property before the traditional New Year boom.
The amount of people who start to browse properties on Rightmove post Christmas Day have been rising yearly, with visits on Boxing Day last year 54% higher than the previous year.
Agents are reporting that many home-owners are decorating and doing small DIY jobs in readiness to start the sales process early in the New year when historically, many new homes hit the market.