The average price tag on newly marketed houses, according to Rightmove, has fallen by more than £5,366.
The easing back in value is said to be due to Rachel Reeves's Budgetary measures.
In her October Budget, it was decreed that second-home buyers, landlords, and companies would pay an increased rate on additional properties, while the stamp duty threshold, under which first-time buyers were exempt, would also be cut.
Forecasts were previously for a fairly swift uplift in UK house prices.
However, those hopes are now being strongly tempered, with hundreds of homeowners putting a brake on their ‘selling’ ambitions.
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