Top 10 selling locations
A new study has revealed the streets where homes are still selling above their asking prices – despite hopes for the housing market recently hitting a 20-year low.
In a damning report conducted by the Royal Institution of Chartered Surveyors (Rics), sales expectations for the next three months were found to be at their lowest since the survey began in 1999.
It has been blamed on a number of different issues including a lack of supply, the affordability of property and Brexit uncertainty – with Rics just last week saying it was ‘hardly a surprise’ that Britain’s exit from the EU had caused a slump.
On top of that, mortgage rates continue to fall and in December reached their lowest level since March 2015, according to new research from UK Finance.
But despite all this, there are certain areas in England and Wales where buyers are still battling it out for homes.
And new research has revealed the areas where property is ‘hot’ – a sellers’ market where homes are easy to sell – and where property is ‘cold’ – a buyers’ market where homes are difficult to sell
Source: The Daily Mail
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