Spring is in the air and with it comes the normal influx of people wishing to sell. This is gold for those buyers looking for a new home and for those sellers who would not come to the market until they found somewhere else to go.
Building a home has become more difficult in the past year with tradesmen unable to get supplies to complete, or when they do they’re at increased prices, forcing those wanting to build to rethink their decision. This adds pressure to the market so we can expect in the short term at least, pressure will still be on listing stock.
Rents are also increasing due to shortage of homes available. We are definitely seeing more investors coming out of the market than going into the market.
It all bubbles along. Interest rate increases may change things so watch this space. If you are thinking of selling we would love to hear from you.
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