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Buyer demand Increases as available homes continue to fall

HOUSING MARKET REPORT

As buyer demand increases the number of buyers registered per Propertymark member branch has increased by 12 per cent. From October and the supply of properties continues to fall to just 20 homes per branch. The lowest ever recorded and 50 per cent less than November 2020.

“The pressure on the housing market and consequently house prices, is continuing at an unrelenting rate. However, heading into December, the market should start to slow. Those with a property to sell would be wise to act sooner rather than later as the level of demand is expected to continue into the first quarter of next year but cannot last forever.” Nathan Emerson Propertymark CEO.

What The Experts Say

Find out more in the November Housing Market report from Propertymark.

buyer demand

Buyer Demand In Your Area

For more information about the Housing Market in the Chorley area get in touch on 01257 451 673.

We can give you information about how the market is performing in your specific area and book a free no-obligation valuation. We can also help you find your dream home. 

If you are in the early stages of moving home and would like to speak to a financial adviser for mortgage advice let us know and we can arrange a free appointment with Stephen our Independent Mortgage adviser.