Moving home: what can we expect in 2023?

January 6th, 2022

Will 2022 be your year to move? Whether you’re just starting to search for your new home, or you’ve been looking for a while, the good news we’re already starting to see more available properties for you to choose from. In fact, we saw the highest number of new sellers that we have ever recorded on Boxing Day on Rightmove.

So, with a huge number of home-hunters looking to move this year, what can we expect from the 2022 housing market? Some trends in the property market have changed for the long-term, while other changes are already reverting back to what we were seeing before the first lockdown period.

There will be more homes for buyers to choose from so you need to put your self in the best possible position by finding a buyer for your property.

Buyers will already be starting to see fresh opportunities. Seller numbers were up by 21% compared to Boxing Day the year before, as homeowners looking to move decided to take advantage of the post-Christmas buyer surge.

Prospective sellers jumped into action on 30th December, which was the busiest day since May 2021 for people requesting estate agents to come out and value their home. It was also one of the top ten busiest ever days for these valuation requests on Rightmove.

Buyer demand has also remained high, especially between Boxing Day and coming into the new year, so the 2022 housing market will continue to be competitive. If you see a property that could be the one for you, we recommend getting in touch with a local estate agent to book a viewing as soon as you spot it.

Average asking prices will rise in 2022

We predict that the national asking price of a home – which is currently £342,401 – will rise by 5% this year, which will mean an increase of about £17,000. This is because we’re still seeing a huge number of

Demand for flats returns as buyers seek city homes

Houses stole the show as the most in-demand property types when the housing market re-opened in 2020, especially bigger houses with gardens. But over the past few months, flats have emerged as the most sought-after property type for prospective buyers of a city home.

If you like to discuss this further call Zafer Cetinel on 07920827918 or 01242 374844 email him zafer.cetinel@exp.uk.com