The beginning of 2024 has seen a flurry of activity in the real estate market, with home-hunters already gearing up for a year of potential moves. Estate agents are reporting a robust start to the new year, indicating a positive trend in the housing market.
Current Market Snapshot:
Increased Property Listings:
Mortgage Inquiries on the Rise:
House Price Data:
New Year Bounce in Asking Prices:
Realistic Seller Expectations:
Regional Variations:
Predictions for 2024 Homebuyers:
Marginal Dip in Average Asking Prices Predicted:
Increased Property Listings:
Stable Mortgage Market:
Current Housing Market for Home Sellers:
More Sales Agreements:
Increased Buyer Demand:
Competitive Pricing Key for Sellers:
In summary, the real estate market is showing signs of vitality at the beginning of 2024, with increased buyer activity, higher sales agreements, and a positive trend in mortgage rates. Sellers are encouraged to price competitively for a successful move in the current market conditions.
Sourced from Rightmove