Domestic political change emerged as the biggest factor causing hesitation among buyers and sellers, followed by the lack of quality stock.
Domestic political change emerged as the biggest factor causing hesitation among buyers and sellers, followed by the lack of quality stock.
The Manchester-Liverpool-Leeds corridor is the firm's first major market, ahead of a planned wider UK rollout.
Sellers still face a very crowded market, with the number of homes available to purchase at a 12-year high.
The Novello Group works with estate agents, mortgage brokers, solicitors and consumers across England and Wales.
Inflation slowed for the third consecutive month in England, mainly due to a sharp slowing in the annual rate for the South West.
48% of homebuyers are either already sitting on the sidelines or considering doing so until the government has shown its hand.
The data points to a weaker Q4 as buyer demand remains subdued and rising swap rates put renewed pressure on mortgage affordability.
Cotality holds a database of over 150 million property records and monitors around 30.9 million properties daily for events that affect value and risk.
Average house prices edged down in August as the market remains subdued.
House prices rose 0.2% month-on-month.
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