Nationwide’s latest House Price Index showed that after three years of rising values, stability has been restored. With a market returning to more ‘normal’ territory, expectations need adjusting, as a new report from Zoopla revealed.
New year, new-look property market? With January complete, signs are emerging of what the buying, selling and lettings trends will be in 2023. Zoopla is first out the blocks, with news on asking prices versus paid for prices.
November brought stability to the property market, with nothing outrageous to report. In fact, positive news began filtering through, starting with mortgage rates. Financial advisers saw rates peak in October and, in some cases, begin to fall in November.
You may have seen October’s headline that property prices had fallen for the first time in 15 months. Should this come as a shock? No, as the frequency and rate at which house prices rose during late 2020 and 2021 was unsustainable
It may read like ‘the good, the bad and the ugly’ but there’s plenty of positive property news this month. If approached with calm caution, highlights can be extracted. You just need to know where to look.
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