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Expect a busy housing market from the New Year

5 November 2024 Latest News

There’s good news for owners contemplating taking the plunge and selling their homes in the New Year – experts forecast the market will be extra-busy straight after the festive break. There are several reasons including:

  • first time buyers will be purchasing ahead of a stamp duty holiday ending in April;
  • mortgage rates are predicted to be at their lowest level for two years; and
  • applications for mortgages for new year purchases are already increasing.

It’s notoriously difficult to predict the housing market but a wide range of experts predict that 2024 housing market activity – already much stronger than a year ago – will be a launch pad for more transactions taking place in 2025.

East of Exe and West of Exe
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