United Kingdom's national estate agency Jackson-Stops recently analyzed Rightmove data and conducted a national poll of active home movers across the UK to reveal that interest rates are driving an increase of homes for sale across the market.
According to Irish property portal Daft.ie, Ireland housing prices were largely stable between June and September 2022. The average listed price nationwide in the third quarter of 2022 was €311,514, up 0.1% on the average for the second quarter of the year and 16% below the Celtic Tiger peak..
According to international property consultant Knight Frank, global housing markets defied the odds in Q2 of 2022. While many expected a notable slowdown in the second quarter of 2022, both in terms of the index's overall performance, and in relation to the number of countries seeing house price declines in annual terms. Neither materialized.
According to Knight Frank's Tom Bill, Head of UK Residential Research, the number of sales in May 2022 was the sixth highest total in ten years in London and the number of offers accepted was the highest in a decade.
According to Knight Franks' Global Head of Research Liam Bailey, limited supply of stock across the capital's housing market, a flight to quality among buyers, and a push to complete sales using Help to Buy before the scheme ends, has encouraged more purchasers to look at the new homes market within London.
Posted on March 08, 2022