Housing market to stay strong in 2022
House prices rose by a record increase in 15 years this September, rising 1.7% from August, which is the biggest monthly rise since 2007.
Looking forwards, low borrowing costs and improving job prospects are likely to continue to provide support for demand. Meanwhile, there continues to be limited supply of available properties, for those looking to purchase.
These low borrowing costs, along with higher demand than supply mean that house prices are likely to help keep prices stable heading into 2022.
If you need some help buying or selling, find your local branch to discover how they can help you with your move.
Sources: Dataloft Inform, Estate Agent Today
