The widening supply-demand imbalance continues to place upward pressure on house prices, although there are signs that growth may slow as we head into 2022!
The effects of the pandemic on the housing market will continue to be an underlying factor throughout 2022, with country homes set to be in high demand and short chains likely to occur across the regions that house hunters and renters alike flocked to in 2021.
Whilst demand will continue to outstrip supply in Q1 2022, fresh sellers are set to list their homes later in the year, levelling out the stark imbalance between supply and demand which dominated the 2021 housing market, according to Industry professionals.
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All information correct at time of publishing
*Source – There are currently 19 buyers for every home sale, nationwide property industry eye, 07/12/21