Prices remain higher than busy home-moving period of 2021.
Rightmove (2022) suggest that although the market is cooling off, this was to be expected as the post pandemic levels of activity was extraordinary. 🏡"This year we saw asking prices in Great Britain rise by 5.6%, to an average of £359,137. This was almost £17,000 higher than in 2021, when prices increased by 6.3%.In 2023, we’re forecasting that average asking prices will drop by 2%, which means prices will still remain higher than they were after the incredibly busy home-moving period of 2021.
The good news is if you are looking to sell there are still lots of potential buyers out there who want to secure a property. OneAgency offers free valuations for both sales and lettings.
"Read the full article here
https://www.rightmove.co.uk/news/articles/property-news/house-price-forecast-2023/?utm_source=uknewsletter&utm_medium=email&utm_campaign=newsletterdec322&utm_content=housepriceforecast2023