Company Tag: Zoopla

As the market outlook brightens, property portal Zoopla has opened its data banks to highlight some of the key user trends & buyer behaviours of the past 12 months.

Property portal expects UK house prices to increase by 2.5% in 2025 and by 7.5% over the next three years.

'Recent tax changes & incoming council tax premiums for second homes have unsettled property investors & second homeowners with some now looking to sell,' says Zoopla.

Residential transactions are running at a four-year high, says property portal.

'Millions of UK homeowners are sitting on tens of thousands of pounds in property value gains since they moved into their current home, despite recent falls in house prices,' says Zoopla.

Proptech firm says its new suite of products 'will be a game changer for any property business looking to drive efficiencies and improve decision-making'.

Zoopla's latest index tells of a sharp rise in home-buyer demand, pushing house price growth into positive territory.

The pace of rental growth is easing, but a continued lack of supply is a major issue.

Major sports sponsorship deal 'will showcase Zoopla to new consumer audiences across England & Wales.'

But Zoopla is warning sellers against ambitious pricing, with over-priced homes take more than twice as long to sell.

Buyers pay a lot more attention to furnishings & decoration than to a potential home's structure or essential utilities, says Zoopla.

Property portal expects 'a positive second half of the year for market activity more than house prices.'