Property market trends and 2023 forecast

This year was one of records with both the interest rates reaching record highs and house prices soaring to an average of £371,158, according to the property website Zoopla

To say the housing market in 2022 has been turbulent is an understatement. The year saw a mixture of ups and downs with the beginning of the year being particularly strong, still supported by low interest rates and demand from potential buyers, while the second half saw an almost inevitable slowdown.

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