27 Jul THE MARKET IS STRONG STILL, BUT DIFFERENT
Good numbers of attractive properties are still coming onto the market, but are taking longer to sell. Naturally at a time of inflation and uncertainty, a more cautious approach to moving is understandable, but this reaction will be temporary.
The need to move is still there, such as the requirement for more space, moving for reasons of work, to be nearer chosen schools or for a larger garden or more rural surroundings.
Also, those approaching retirement will still be thinking about downsizing, perhaps to a bungalow or an attractive apartment, with the undoubted bonus of releasing substantial capital, still one of the few gains that is untaxed!
For all these reasons and others, the market should continue to thrive.