Market in Minutes: Residential Development Land – Q3 2022
"Continued but slower regional land value growth"
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"Continued but slower regional land value growth"
"Market retains momentum for now, but will likely slow as economic challenges mount"
"Regulatory change unlocks capacity for additional price growth."
"Lack of supply to underpin short-term price growth before macroeconomic realities bite"
"The desire for space and lifestyle change continues to shape house price growth across the prime regional markets."
"Market driven by home-movers, as the ‘race for space’ continues."
"Market’s momentum underpinned by mortgaged home movers."
"The housing market defied gravity in 2020 with price growth of 7.3%, the first time in modern history that house prices have risen in a recession."
"Values and activity both show growth after a slow start to the year."
"Despite lockdown and recession, more homes crossed the £1 million value threshold in 2020."