
TPP499: October Market Update
The Property Podcast
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Is There a Slowdown?
House prices have risen by according to home track 8.2% over the last year. They're not falling and there's no panic in the market, but it just feels different because we've been used to an abnormal market for the last couple of years. There are more reductions now than there were three months ago or six months ago. But proportion of reductions is only back to 2019 levels - a bit lower than 2018 levels. And if we do see a month on month fall before the end of this year, I wouldn't be shocked. You don't buy something expecting the price of it to just go up in a straight line forever. It's very difficult to say what's going to
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