However, some sellers may be over-pricing their properties: the average time to sell has risen once again and is now 72 days, compared with 67 days a month ago and 55 during the summer of 2017. In London, the average has climbed to 83 days. Rightmove said that while it was the norm for new sellers’ asking prices to be buoyant at the start of a new year, “this first complete month in 2018 is seeing more pricing optimism than the comparable period in 2017”. In general, however, sellers were not being over-ambitious or setting too high a price, it added.
There will be no major data releases both from the UK and USA tomorrow. so we can expect a bit steadier session.
