UK Housing Market Prices

  • 4 weeks ago
  • 0

Week on week the UK House prices are changing. This week UK homes and average house prices topped £250,000. The head of research for Zoopla says “Buyer demand remains high but there are now signs that market is softening, and price growth is set to slow -we expect +3% price growth by the end of 2022”.

What does this mean if you’re looking to sell?

If you have held off from going on the market, perhaps you were waiting for prices to continue to rise, NOW is your time to sell. 

The new Zoopla House Market index suggests that we may be at the tipping points of selling your home at a premium price tag. Whilst the headlines and news articles still suggest a high market, the market is beginning to show signs of slowing down. The ratio between buyers and available properties are changing.

With the hike in inflation, energy bills, interest rates and fuel more people are becoming hesitant about the buying a house.

 

Do you want to sell your property? Contact Direct Moves Estate Agents for a FREE VALUATION on 01305 778500 or sales@directmoves.com

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