Our outlook scenario for house prices is of a market slowdown and mild price falls. Lower transaction volumes but better than suggested by recent low mortgage approvals data. There are reasons to be positive about the housing market and the Read more…
This shows the change in average asking prices of property in Wales to August 2022. Note, this is not actual sales prices where our data is normally calculated from. Need help with a property? Selling, renting, managing? Get in touch. Read more…
With inflation running high, the Bank of England increased its base rate to 1.25% in June, with another 0.5 percentage point rise forecast before the end of 2022 and potential for a further 0.25 percentage point rise in 2023. The Read more…
The property market is busy, with the start of 2022 seeing no slowdown in sales activity. Nearly 107,000 sales were recorded in January. Except for 2021, this is the strongest start to a year since 2007 and up 10% on Read more…
So property in the UK and especially Cardiff has seen crazy prices for property and it doesn’t seem like stopping. The good news is that it is slowing down, a little. However, demand still out weighs supply and supply continues Read more…
Some of you have heard of this act, many have not. However, to cut a long story short, the Welsh Government are updating tenancies and the rules of renting in Wales . Some of the rules are already in place Read more…
Over 85% of all property sales recorded to date by the Land Registry in 2021 have been houses, the highest proportion since 1996. Undoubtedly a result of the ‘search for space’ which has epitomized the property market this year. The Read more…
You may have noticed that during the last 12 months, probably more, that the housing market has gone a bit crazy. If you are trying to buy or rent I expect you are having major problems getting viewings for properties, Read more…
Newly listed Cardiff properties are flying off the shelves. The majority (78%) of agents in the latest Dataloft subscriber poll said that homes, once listed, are selling in less than 28 days. 22% of agents state the majority of homes Read more…