February Market Comment

Winter may not be behind us yet, but, as far as the property market is concerned, spring is definitely in the air!
The latest figures from Rightmove suggest a cautiously positive market. Of the relatively modest 1.5% annual increase in the price of new-to-market properties on the portal, 0.8% of this occurred last month! This is very much in line with our own observations of very buoyant start to the year, with enquiries from both buyers and sellers on the up. To put this in context, many properties coming to market at this time of year would be expected to be priced at 1.6% higher than the previous month, so 0.8% demonstrates that these sellers are serious about selling.

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