The first month of 2025 has been nothing short of dynamic in the property market! 🚀 Here's a snapshot of the activity we've seen:
📊 Market Highlights:
- Record Listings: Since Boxing Day, there has been a record number of new sellers entering the market, with the number of new properties coming to market 11% ahead of the same period at the start of last year.
- Surge in Buyer Interest: Buyer demand has increased, with the number of buyers contacting estate agents about homes for sale since Boxing Day up by 9% compared to the same period last year.
- Increased Sales: The number of sales being agreed between buyers and sellers is now 11% ahead of this time last year.
- Reduced Interest Rates: 0.25% reduction in the Base Rate and the prospect of further cuts will provide a major boost for both the property industry and the wider economy
If you're considering making a move this year, now's the perfect time to get started! Give us a call on 01933 427742 to discuss your property journey.
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