Housing supply starts to improve
This month, property search portal OnTheMarket published its Property Sentiment Index, offering insights into how things might be changing.
According to the report, the number of sale listings is rising, slightly dampening the issue of supply.
In addition, strong market growth over the past two years means that 82% of buyers still believe they can achieve a completion within three months. Along with the promise of moving in time for summer, this confidence is further driving homeowners to list their properties for sale. *
However, due to an inherent lack of housing stock nationwide, prices are unlikely to drop dramatically any time soon. Instead, buyers should look for the coming window of opportunity as the market settles to an ‘elevated version of the pre-pandemic market’.*
Looking to buy? Browse our available properties here.
This article was originally published by BriefYourMarket and is reproduced here with their permission.
For more company news and insights from Pygott & Crone, click here
Tim Downing on MIPIM 2023
VIDEO: Team Lincolnshire catch up with Tim at MIPIM
We ask: Could your business get by without the right insurance?
Having the correct business insurance is an integral part of your business’s survival.
I'm a first-time buyer; what kind of home insurance cover do I need?
It’s an awesome feeling getting the keys to your first home.
Top 5 cyber security risks facing small businesses
The number of cyber-attacks is constantly increasing.