Property Market - Whats Currently Happening? Should you SELL / BUY /WAIT?

Property Market - Whats Currently Happening? Should you SELL / BUY /WAIT?

1 Minute Read..............

Fascinating the bad news the newspapers are giving, yet the figures tell a different story.  

In the week to Sat 15th October 2022... 

21,088 properties had sales agreed on them (compared to the 2022 weekly average of 26,099)

8,498 sales fell thru (compared to the 2022 weekly average of 6,205)

32,882 new properties came to onto the market (compared to the 2022 weekly average of 32,034)

19,195 price change (compared to the 2022 weekly average of 11,144)

So number of properties selling is slightly below, yet the first half of 2022 was silly, number of sales falling thru is slightly higher. The increase looks bad, yet when you think there are 428,000 properties in the UK that are sale agreed at this moment in time - nothing massive there.

No flood of properties entering the market (panic selling that will drop house prices)

Maybe its not as doom as gloom as people think?


Get in touch with us

AI plays a part in our everyday lives, but how can it help us when searching for a new home? This article will reveal 3 ways AI helps our customers to find their dream home.

You may have seen property gurus filling up your social media feeds with tales of how they bought a number of properties without using any of their own savings, and now they have retired at the age of 32 with a portfolio worth £10m. And of course, for the princely sum of £997, you can learn how to do this too.

Should you haggle with the agent over their fees? Is it true that if they can't negotiate well with you, they won't be any good when you get an offer? Or does it start the relationship off on the back foot?

5 Year Overview & 2025 Landlord Outlook