The supply-demand imbalance continues to support property price growth, despite the current economic conditions and soaring inflation.
In April research has found a net balance of 10% reported an increase in new buyers’ inquiries rather than a dip. It marked the eighth consecutive month where the return has been a positive net balance.
Evidence shows the housing market continues to see modestly positive trends in new buyer inquiries with the number of agreed sales also remained broadly unchanged in April, having increased for the previous two months.
The imbalance between demand and supply means that stock levels remain very low, so if you are looking to move this summer make sure you keep a watchful eye on what is entering the market.