Sell My House Quickly in Oxford
Sell My House Quickly found another interesting article about Oxford. UK Property Market Forecasts 2022.
As 2021 draws to a close, we reflect on the strength and resilience of the UK property market. With property prices and rents hitting double digit growth in some areas of the country, the post-pandemic property boom has seen many investors looking for their next investment opportunity.
But where is the place to invest in 2022?
Reflecting on the UK Property Market 2021
Property prices rose consistently throughout 2021, with the past three months seeing the fastest house price growth in 15 years. House prices rose by 3.4% in the quarter to the end of November.
The strong performance of the UK housing market throughout 2021 is underpinned by a range of factors.
House Price Growth
Rightmove have predicted that the national asking price of a property, which is currently at GBP 342,401, will rise by 5% in 2022, meaning an increase of around GBP 17,000.
Rising by 3.4% in the quarter to the end of November, this is the highest quarterly rate since late 2006.
Which regions are seeing the strongest house price growth?
JLL’s 2022-2026 residential forecast report explores the top performing regions and cities, considering all social, economic and market factors to create the most accurate forecast.
Sustainable rental growth in the UK housing market
The private rented sector is expected to rise by 4.5% nationally in 2022 according to Zoopla – a strong message for investors.
We found this new article about UK Property Market Forecasts 2022 on Property Notify. Kindly click the link to read the full story.
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