# Average price tag on a home fell by £6,589 in November – Rightmove

By Russ Mould — 2025-11-17

Russ Mould, investment director at AJ Bell, said: “Recent noises from the housebuilding sector about the impact of the Budget on the property market have been backed up by the latest figures from Rightmove.

“These show it is a buyers’ market with new sellers reducing their asking prices by the largest amount at this time of year since 2012.

“Fears about tax changes in the Budget are clearly undermining confidence. Last week’s apparent U-turn on increasing income tax will have increased the chances of Chancellor Rachel Reeves having to find funds elsewhere, including from levies on the property market.”

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