In a flurry of market news, the NAEA said that buyer demand and sales both dropped by 13% last month as uncertainty holds back the market.
The number of applicants registered per branch was 294, down from 338 in September – the lowest number for an October since 2012.
Housing supply decreased from 46 per branch in September to 40, and the average number of sales agreed per branch fell from nine in September to eight last month.
Meanwhile, Hometrack claimed that despite Brexit dominating the news, its impact on the UK housing market has been limited.
Reporting for October, Hometrack said six cities posted year on year price growth of over 6% with Leicester (7.7%), Edinburgh (7.4%), Manchester (6.3%), Birmingham (6.2%), Nottingham (6.1%) and Liverpool (6.0%) all performing strongly.
However, there were drops in London (-0.4%), Cambridge (-1.1%) and Aberdeen (-2.8%). Hometrack, as is usual, reported no actual prices.
Separately, mortgage brokers reported a slump in their business, citing Brexit as a possible cause.
The Intermediary Mortgage Lenders Association said that the average number of mortgage cases was down 10% in the third quarter of this year – the largest fall in business volumes since the same quarter in 2016.
Annually, the average number of cases per broker dropped from 90 to 81 cases in the third quarter.
Meanwhile, reporting on the letting market in England and Wales this morning, Your Move said that the average rent in October was up, at £934.
Rents in London ticked down on an annual basis by almost 1%, but the capital is still easily the most expensive place to rent at an average £1,271 per month, compared with the north-east, the cheapest region, with an average rent of £535.