Homes for sale at a 12-year high, as househunters fall: Where sellers are struggling most

The property market is teeming with homes for sale, but the number of buyer enquiries has fallen, new data from Rightmove shows.

Sellers face a very crowded market, with the number of homes available for sale remaining at a 12-year high, the property portal said.

This glut of homes on the market is not being matched by buyers, however.

The number of buyers enquiring across the market is 9 per cent lower than this time last year, while sales agreed are also 9 per cent lower annually.

This chimes with figures from Propertymark, a leading membership body for estate agents. It says there has been

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