House prices set for further growth ‘based on transactions already underway’

Average residential property prices in England and Wales are set to increase in the first two months of 2022 based on deals agreed in October and November, according to the latest reallymoving house price forecast.

Heading towards the New Year the market is facing a number of threats including the rapidly Omicron variant, rising inflation and the recent announcement of a 0.25% rise in interest rates, which combined are likely to impact buyer demand and dampen price growth in the months that follow, yet the market remains fundamentally robust with the pandemic-driven race for space continuing to play out.

Read the full article on Property Industry Eye| DECEMBER 23, 2021 | MARC DA SILVA