Blog Post

Need to move

Gill - Head Gillian Bell Nov 14, 2022, 13:00 PM
298_Dataloft_Need_to_move-01


Home moves can be triggered by dreams and desires as much as necessity – as proven by the post-Covid trend for lifestyle change.

However, almost a third of moves were ‘needs-based’ according to a survey of 10,400 home movers by the Property Academy in summer 2022, prompted by a growing family, job relocation, divorce, ill health or bereavement.

Needs-based buyers will present sales opportunities, while discretionary buyers, including many first-time buyers and some investors, may wait for improvement in mortgage lending conditions.

The October RICS survey indicates a further downward trend in buyer enquiries and sales, with national house price growth halting. Prime markets where cash buyers are active could see inflation in house prices. Source: Dataloft, Property Academy Home Moving Trends Survey 2022, RICS

Load more comments
Thank you for the comment! Your comment must be approved first
comment-avatar

"The attention to detail and commitment to customer service is remarkable."

- Asad

"Way better than my experience with other Estate Agents. Highly recommended!"

- Laurence

"Positives: Quick sale"

- Andy

"They are truly the best"

- Paulina

"Abbey was very good and I felt she understood exactly what I was looking for"

- Alistair

"It has always been prompt action on any issue raised and the feedback has been positive."

- Oketokun

"Abbey was a fantastic help"

- Olivia

"We are both so happy with the agents"

- Megan