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The Housing Market- What Will Happen in 2014

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Last Updated: 09/01/2014  
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The housing market is improving with 107,380 property transactions in November 2013, the highest amount since December 2007.

 

Prices in London and the suburbs saw dramatic rises in 2013 with demand outstripping supply in many areas.

 

2014 will see a continued strong demand from buyers with low interest rates and an easing of mortgage restrictions.

 

We do not expect to see such dramatic price increases through out the year as in 2013, but feel that 8% over the year is in accord with many other property indexes.    

 

The early part of 2014 should see more people deciding that the time is right to move and there is definitely a higher feeling of confidence in the economy.