The number of houses being put up for sale in the uk reached 73 in October , a 5.5 % drop on the previous month 's figure of 72,593 , according to data from retailers . It revealed that , across 100 towns and cities , new stock levels had dropped by 59.7 % , while the traditional pre - Christmas rush to move house had " not materialised " . Sam Mitchell , CEO of Housesimple.com reported Brexit , reduced rate hikes and negative news of house prices had " spooked " homeowners .
The number of houses being put up for sale in the UK reached 68,598 in October, a 5.5% drop on the previous month's figure of 72,593, according to data from Housesimple.com. It revealed that, across 100 towns and cities, new stock levels had dropped by 59.7%, while the traditional pre-Christmas rush to move house had "not materialised". Sam Mitchell, CEO of Housesimple.com said Brexit, interest rate hikes and negative news of house prices had "spooked" homeowners.