Upturn in buyers as the housing market sees a switch in traditional peaks and troughs.Upturn in buyers as the housing market sees a switch in traditional peaks and troughs.
It’s been a funny year for the housing market, with the likes of Brexit seeming to play a factor on new properties coming to market. Houses are being snapped up faster than ever, providing a demanding buyers’ market.
We seen a slow start to the year and a seemingly low number of properties up for sale. The normal February influx of properties to market wasn’t a lot lower than expected. The dismal wake of Brexit on the 31st March seemed to lure its awful head. However, once the government decided that they actually couldn’t decide anything and we ended up staying in the EU for another six months, the summer was soon booming with properties.
An unprecedented number of properties came on Seven Keys’ books between the months of April to August and sales were plenty. BUT WAIT…… the United Kingdom were due to leave the EU once again in October. A slow September and an even slower October seen very few properties listed across the UK’s Estate Agencies. Whilst the decision to extend Brexit once again, meant for a hectic November and an outstanding month to sell your property.
With the lead up to Christmas usually expecting to slow down, we’re hopeful that the topsy turvy housing market will have a few last tricks up its sleeve. For more information on why NOW is a sellers’ market as buyer numbers increase, read here.