Manchester Property News
How long do we stay in our homes?
Tom Simper
Nov 23, 2023, 13:00 PM
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People move more often than they expect to, one of the findings revealed in the recently-released Property Academy Home Moving Trends Survey.
While just 23% of home movers expect to move within the next six years, the reality is that one third are likely to. This rises to 43% of first-time buyers anticipating they will stay six years or less, with just 37% staying this long in reality.
31% anticipate their new property will be their 'forever home', while only 28% actually ended up staying over 20 years.
The primary reason cited for selling a property was downsizing (18%), followed by upsizing (16%) and a change of scenery/ lifestyle (15%). Source: #Dataloft, Property Academy Home Moving Trends Survey 2023.
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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.
Tom Simper - Editor
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