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The other impact is that because financing and B&P inspections can take a bit longer (due to people being on holidays etc), people often put longer "subject to..." expiry on offers during Xmas. It's a great time if you can go in and are able to make unconditional offers. For instance as...

Only if the agent is open in early in January! :D Reasons: - Properties passed in at December auctions back on the market - Less competition (everyone away on holidays etc) The Y-man

My favorite time of the year to buy property. Our last two IP's were bought within weeks of each other last Xmas/NY. (Thanks PT bear for getting finances organised over the holiday period! :) ) Vendors know there won't be anyone looking for up to a month and a half as agents and potential...