Summer has brought the usual seasonal slowdown, with the latest Rightmove House Price Index reporting a 1.0% fall in average asking prices during August. Rather than signalling a weaker market, it's a reflection of sellers competing more actively as buyers enjoy greater choice.
In Ludlow, buyers are still looking to move, but they're taking more time to compare properties before making their decision, making patience and expert guidance more important than ever.
There is encouraging news for buyers too, with average two-year fixed mortgage rates falling to 4.92%, helping affordability improve after a challenging first half of the year.
Despite wider economic uncertainty, sales agreed nationally remain in line with 2024 levels, showing that well-motivated buyers are still making their move when the right property comes to market.
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