NAEA Propertymark reveals trends and expectations for 2018.

December 5, 2017

In a press release yesterday from NAEA Propertymark they analyse their sales data for 2017 to reveal trends and expectations for 2018.

To read NAEA Propertymark’s 2017 overview of the housing market in full click here.

Mark Hayward, Chief Executive, NAEA Propertymark comments on the findings:

“2017 has been a busy year for the property market, and the Budget announcement to abolish stamp duty for FTBs has given them some optimism. This year saw an average of 25 per cent of sales to FTBs, the lowest in four years. Looking to next year it will be interesting to see what impact the stamp duty change had on the market, and if it really does help FTBs get on the ladder. We still only have a limited supply of housing available and policymakers need to think about how to help others in the chain, such as second steppers and those that would downsize in order to free up more larger homes suitable for families.”

Allen Walkey

Highly experienced businessman with a successful career in property sales and investment both in the UK and abroad. Now a freelance writer and blogger for the property and Investment Industry, keeping readers up-to-date with changes and events in a rapidly changing world.

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