Predictions – Update Feb 2023
How the year flashes by and here we are mid-February.
So where are we?. Better news throughout I believe, a good measure being, for example, that commercial flights have now recovered to pre-covid levels. There is also signs that inflation rates may have peaked although no doubt strikes and pay talks will be one determining factor in the next few month.
Predictions of a modest correction in some areas therefore are still on track with price sensitivity, but residentially we are seeing a lack of stock as well as a strong demand ensuring the markets are relatively bullish. Talk of fixed 5 year lending rates sub 4% must be better news than some thought at the end of last year.
We are set for a busy year so do get in touch. Recent responses to new property launches confirms there is no lack of interest