UK Home Sellers Maintain Prices Amid Increased Property Listings

UK home sellers have opted not to raise prices this month, as reported by a survey conducted by Rightmove. Bloomberg posted on X, highlighting that the increased number of properties available through estate agents has enhanced buyers' negotiating leverage. The survey indicates a stabilization in the housing market, with sellers responding to the growing inventory by maintaining current price levels. This trend reflects a shift in the market dynamics, where buyers are gaining more influence due to the surplus of available homes.