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Rightmove report 2020 forecast of 2% price rise

By Clive Bryant
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2020 forecast of 2% price rise as election gives window of certainty

  • Rightmove predicts 2% rise in price of property coming to market in 2020 as majority government gives home-movers a window of certainty for an active spring moving season
  • Fantastic time to sell as demand for property remains resilient as we move into 2020, though lack of supply is a concern:
  • The monthly decrease (-0.9%) is the smallest at this time of year since December 2006, showing that sellers and their agents think that demand is strong
  • Demand outstripping supply: number of sales agreed so far in 2019 down by just 3% on 2018, while number of properties coming to market down by 8%
  • Fundamentals remain sound with low interest rates, lenders competing to lend, high employment, and wage growth helping buyer affordability

About the Author...

Clive opened Chapplins in Fareham with his wife Beverley Green in 2002 and since then both he and Beverley have focussed relentlessly on the company’s growth and development. Today Clive continues ...
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