Research commissioned by Halifax has found that consumer confidence that next year will be a good year to sell a property has reached a four year high.
This comes amid expectations that prices will continue to rise in the coming year. 59% of people who participated in Halifax’s Housing Market Confidence Tracker felt that it was a good time to sell a home, with just 26% thinking the contrary.
The research, which has been conducted throughout Britain, could serve to address recent concerns about a lack of suitable homes for buyers to choose from. The Royal Institution of Chartered Surveyors was one such body who voiced these concerns, stating that is has seen signs of a ‘worrying’ upward pressure on house prices due to this lack of homes.
House price expectations were strongest in the south east, as well as commuter belt areas such as Market Harborough. 49% of respondents in the East Midlands felt that prices would rise.
Whilst house price rises may not immediately seem to the benefit of the buyer, this does mean that many more properties will become available, and that next year will be the perfect year to put your house on the market.
Specialists in selling properties
Naylors Estate Agents are specialists in selling properties within the Market Harborough area. To find out more about what we have to offer, call us on 01858 450020.