Manchester Property News

No let up in sales activity

TomS - Head Tom Simper Feb 21, 2022, 12:00 PM

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 the January average (2012–2021).

Demand continues to outpace supply, sustaining pressure on prices. Rightmove report the biggest monthly jump in the asking price of newly- listed property since 1994.

In a sign of more balance returning in future months, home valuation requests were up 27% in January year-on-year, and up 50% compared to 2020 (Rightmove). Source: Dataloft, HMRC (10 year January average 2012–2021)

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This Blog looks at what is happening in Manchester, the property market, events and community news along with investment ideas and tips for those loosing to invest in the area. 

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