An increase in London housing up for sale: is the market heating up again?

Filed Under (Home Removals) by Admin on 21-10-2015

After a less productive summer, it seems that London’s housing market is going through a late resurgence. This is not too surprising, as it is common that the capital’s property market typically sees more promise going into autumn than in earlier months. Reasons for this may include people wanting to move before Christmas, taking the opportunity to have a greater interest in housing as now relieved of the busy holiday period and also economic changes.

More homes are becoming available

In September there were 25,000 new properties listed up for sale – which is a significant 27.1% increase on homes for sale in the month before. This suggests optimism in forecasts, as sellers seem to recognise that there is a need for sales, as well as rented accommodation. Many consider buying property in London to be a real investment, and this may increase, especially if more homes are to become readily available. Some London removals specialists are expecting an upsurge in interest in light of this.

Is there still a housing crisis?

 

removals London

Yet though there may be MORE homes available, it does not necessarily mean they are accessible. Pricing in the city is still high and renting is often preferred. The number of homes going up for sale though does indicate a highly active population – and moving from place to place around the city every year is often common. This highlights that people may prefer frequent, short-distance moving – staying in places for a space of months, rather than permanently – often associated with students and young workers.  A company well aware of this and prepared to support people whatever their removal and storage needs in the city is Top Removals.

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