‘The second half of 2023 is likely to be stronger than the first’ – Hamptons
Property market metrics are moving back towards 2019 levels, says up-market estate agency, as the latest data shows one in ten £1mn+ homes finds a buyer within a week of hitting the market.
‘The start of 2023 has seen more activity than most expected and there are signs that the rest of the year may follow suit’ – Strutt & Parker
Estate agency maintains property price forecasts for the year ahead, but cuts its outlook for Prime Central London rental prices.
The cash-rich top of the market seems to be holding up best – Hamptons
...but larger homes are still taking much longer to sell than usual.
UK mortgage applications fell sharply in the final quarter of 2022
Fresh data from UK Finance and Accenture confirms the sharp drop in house-buying and consumer confidence following the ill-fated mini Budget.
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