Dataloft's April 2024 Housing Market Outlook with our Real Estate Economist, Julia Middleton, introduced by Rebecca Gill from the Dataloft by PriceHubble team.
Key take-outs
At the beginning of the year, the recovery in the sales market was tentatively taking hold. Four months later, that recovery has solidified further.
Prices have stabilised and leading indicators for transaction activity show promising signs. Mortgage approvals in February were their highest in 17 months.
This will be a slow and steady recovery in prices. Affordability metrics are still stretched, compared to historic market norms.
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Thought leadership
For further information on Briefing notes contact Sandra Jones
sandra@dataloft.co.uk