UK House Prices Predicted to Climb by 5% in 2022
Rightmove uncovers what changes to expect in 2022.
Over the next year the property website predicts that prices will increase by 5%.
Buyer demand has increased by 2% compared to 2020 and up a staggering 40% since November 2019.
When looking at marketing your property the first step is a home valuation. According to Rightmove, valuation requests went up by 19% since November 2020.
Rightmove Claims New Records for Activity Over Christmas
Rightmove claims that more people that ever visited the website over the festive period with buyer demand up 23% compared to the same time a year earlier.
New sellers coming to the market was up 21% on Boxing Day compared to December 26th 2020. This is also the highest amount of new sellers on Boxing Day ever recorded.
It claims prospective sellers jumped into action on 30th December, its busiest day since May 2021 for people requesting valuation on their homes.
“Boxing Day traditionally signals the start of activity ramping up as people turn their attention from turkey and trimmings to their plans for 2022”