2022 property market shows no sign of slowing down... yet.

 

Quealy & Co Estate Agents bring you the latest housing market trends to help you make an informed decision about selling or renting your property. The property market shows no signs of slowing down so far in 2022, with January being an incredibly busy start to the year.

Nearly 107,000 sales were recorded in January. Except for 2021, this is the strongest start to a year since 2007 and up 10% on the January average (2012–2021).

Demand for property to buy continues to outpace supply, sustaining pressure on house prices. Rightmove has reported the biggest monthly jump in the asking price of newly- listed property since 1994!

Home valuation requests were up 27% in January year-on-year, and up 50% compared to 2020 (Rightmove). This might be a sign that things are starting to become more balanced in the UK property market as more homes come to market, it looks like there will be more choice for buyers as we move into Spring 2022.

With the demand from house hunters looking to buy a home in Kent still incredibly high, it is an excellent time to find out how much your property is worth. If you are looking to buy a home then it is recommended that you register with a trusted local estate agent like Quealy & Co to ensure you are the first to know of homes coming on the market before they hit Rightmove and competition becomes more fierce.

Call us on 01795 429836 or email hello@quealy.co.uk to chat with a member of our friendly and experienced team about anything to do with moving home. We are selling properties in Sittingbourne, Sheerness, Minster, Faversham, Canterbury, Rainham, Gillingham, Chatham, Rochester and Maidstone? Our property marketing services are expanding across Kent!

Source: Dataloft, Rightmove, HMRC (10 year January average 2012–2021).