Comments on: Industry boss says home sales market due to ‘return to normal’ this year https://thenegotiator.co.uk/industry-boss-says-home-sales-market-due-to-return-to-normal-this-year/ The essential site for residential agents Mon, 22 Jan 2024 08:07:02 +0000 hourly 1 https://wordpress.org/?v=6.4.2 By: <span class="full-name">Andrew Stanton</span> <span class="agency"> CEO Proptech-PR Real Estate Influencer & Journalist</span> https://thenegotiator.co.uk/industry-boss-says-home-sales-market-due-to-return-to-normal-this-year/#comment-2901 Andrew Stanton CEO Proptech-PR Real Estate Influencer & Journalist]]> Mon, 22 Jan 2024 08:07:02 +0000 https://thenegotiator.co.uk/?p=151789#comment-2901 If completing on 20% less sales is normal for 2024 – then Simon Brown is right, personally I think the best that can be hoped is flat-lining. Because with house asking prices at their highest level ever, the base rate moving from 0.1% to 5.25% in 36 months, and no decline as yet in that Bank of England rate, he will find with hugely expensive mortgage costs and high prices the 42% of FTB’s who usually jump into the market, especially as Help-to-buy has gone, will be very selective about what they buy and when.

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