Economics
UK Home Sellers Bring More Properties to Market, Rightmove Says
- Listing website suggests supply shortfall starting to loosen
- Record prices have been driven by lack of properties on market
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Britain’s red-hot property market may be about to cool after a 24% jump in the number of prospective sellers bringing homes to market.
The listing website Rightmove said the appraisals that estate agents are doing have reached the highest level since January. It said there’s been a 14% increase in homes coming onto the market in the past two weeks alone.