Housing Insight Report: September 2023
There has been a slight reduction in available properties for sale and this reflects ongoing market uncertainty.
More concerningly, the vast majority of properties continue to sell below asking price pointing to a pricing correction despite average house prices continuing to rise. Governments across the UK continue to tinker with legislation and legislative programs, disincentivising landlords along the way. Supply in the PRS remains tight with far more applicant registrations than properties available.
To download the full report and read or more details, please see the following article from Propertymark:
https://www.propertymark.co.uk/resource/housing-insight-report-september-2023.html
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