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The latest articles on house prices
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As buyers return to market following last year’s mini budget shocker, what should sellers be doing to make sure their homes are the ones that are snapped up?
The Competition and Markets Authority is looking into the cost and availability of housing and the experience of renters.
The truth is, you can look at it either way. Here’s why there’s both good and bad news for homeowners in 2023.
Our latest House Price Index shows current housing market conditions are close to the pre-pandemic years, with demand 8% higher and sales agreed up 1%.
However, homes grew by £42,000 in pandemic, suggesting sellers are having to forgo around 33% of their pandemic gains in order to achieve a sale.
As the housing market shifts to a buyers' market, sellers are accepting offers on their asking prices, meaning there's more wiggle room to negotiate on price.
Homeowners who sold at the end of 2022 saw small price falls but it’s doing little to dent the equity most gained during the pandemic.
