Houses in the United Kingdom are currently being chased by 12 buyers after house-hunter apetite made huge leaps in the past 12 months. Now may be a good time to consider selling if you’re thinking about it. The past year has seen the number of potential home buyers registering with real estate agents increase by 22.1% also the nunber of properties has risen to 6.5%. This has ultimately led to an imbalance betweent the demand and supply accoring to research from an estate agent Haart.
Key Takeaways:
- The UK housing market has seen some rapid changes take place over time. Many projects are changing the way that people tend to look at real estate.
- There are actually 12 times more buyers and sellers on the marketplace. Sellers will have to find a way to adapt to the changing marketplace in the UK.
- Properties on the market have risen by just 6.5% and changes are now underway with that. The UK property market tends to undergo changes in good time based on certain factors.
“This past year has seen the number of potential homebuyers registering with estate agents grow by 22.1%, while the number of properties on the market has risen by just 6.5%.”