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Finally seeing house prices drop?
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Twins
Posts: 346 Forumite


Hello all!
I’m curious, are you seeing a slight slowing down in the housing market? In the past couple of weeks I’ve noticed more and more properties being reduced in price.
Are prices finally slowing down?
I’m curious, are you seeing a slight slowing down in the housing market? In the past couple of weeks I’ve noticed more and more properties being reduced in price.
Are prices finally slowing down?
Wondering if it’s just my area or is it elsewhere too?
My broker also mentioned he’s seeing more and more lower valuations coming in…
My broker also mentioned he’s seeing more and more lower valuations coming in…
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Comments
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Seen reductions on properties that have been on the market for some time. Good property still seems to go under offer promptly. As there's little stock .3
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In my experience, they're still selling - maybe taking 3 weeks now instead of 1 week. The prices are still high, and higher month on month.
Some articles published yesterday
https://www.ftadviser.com/mortgages/2022/03/02/house-price-growth-climbs-another-1-7/
https://www.spectator.co.uk/article/is-the-house-price-boom-about-to-end-
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Selling just as fast here and no drop in price by the looks of things either unfortunately. I’m in the South East which region are you?3
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north west is still on fire sad to report. extremely low levels of new stock so feels like the main driver is here to stay!1
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Twins said:Hello all!
I’m curious, are you seeing a slight slowing down in the housing market? In the past couple of weeks I’ve noticed more and more properties being reduced in price.
Are prices finally slowing down?Wondering if it’s just my area or is it elsewhere too?
My broker also mentioned he’s seeing more and more lower valuations coming in…2 -
TXC said:Twins said:Hello all!
I’m curious, are you seeing a slight slowing down in the housing market? In the past couple of weeks I’ve noticed more and more properties being reduced in price.
Are prices finally slowing down?Wondering if it’s just my area or is it elsewhere too?
My broker also mentioned he’s seeing more and more lower valuations coming in…0 -
Twins said:Hello all!
I’m curious, are you seeing a slight slowing down in the housing market? In the past couple of weeks I’ve noticed more and more properties being reduced in price.
Are prices finally slowing down?Wondering if it’s just my area or is it elsewhere too?
My broker also mentioned he’s seeing more and more lower valuations coming in…
https://www.bbc.co.uk/news/uk-wales-politics-60575264
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I think it's all been slowing down for a while, rather, people have stopped bigging the market up. Probably because lenders are "down" valuing.
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Hopefully the government haven't noticed the slowdown otherwise they'll add something in the budget to 'help' in a couple of weeks time!
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Countrysider said:Hopefully the government haven't noticed the slowdown otherwise they'll add something in the budget to 'help' in a couple of weeks time!0
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