Prime Regional House Prices – Q1 2024
"As the mortgage markets improve confidence has returned to the prime regional markets outside of London. This has seen values bottom out over the first three months of the year as market conditions stabilise"
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"As the mortgage markets improve confidence has returned to the prime regional markets outside of London. This has seen values bottom out over the first three months of the year as market conditions stabilise"
"As pressure on buyers’ budgets increases, committed sellers need to price in a way that reflects the prevailing macroeconomic conditions"
"Prices stabilise across prime regional markets following mini-budget dip, but realistic pricing will be critical over the coming months"
"Markets further from London, where mortgage affordability is least stretched, have been most robust, with properties in the Midlands and North, Scotland, and the South of England beyond the commuter zone seeing the smallest price adjustments"
"Our four key takeaways on price growth and trends in the prime regional market, plus our views on future sales activity"
"Prospects for prime growth across the UK"
"Covid-19 was forecast to slow housing activity. But economic and behavioural changes mean that buyers are now more committed to moving"
"Causes for optimism"
"2019 has seen the return of the prime residential market in Knutsford"
"The regional prime markets will underpin growth in the short term before clarity over the UK’s position post-Brexit feeds consumer confidence"