While we have been out and about with our Scavenger Hunts and other WE LOVE MOVING events locally, many have asked what has been happening in the market so far this year. In response to those requests, here are the facts:
At the beginning of this year I made some predictions as how I felt it would go (please see here for the blog post – http://www.moverevolution.com/blog/?p=94 ).
At the time I suggested we would miss a double dip recession and I am hoping to be proved right with the official figures in the next few days.
With regard to the property market, the year to date has actually been much as we had predicted.
January and February were seasonally affected months, with more valuations than instructions as people made up their minds as to when to go to market. Then in March many of those owners began marketing their properties, and we had a record sales month. April has so far been similar to March, with property marketed at the right price selling very quickly.
Traditionally May is the best month of the year so hopefully there will be many more sales to come over the next few weeks.
If you are thinking of moving then please contact us now for a free valuation.
UPDATED 1st MAY 2012
It seems that we are in a technical recession even though I wasn’t expecting the figures to show that. I would be surprised if the figures are not amended to show that we are not. However, in the last recession the contraction was 7% as opposed to 0.2% on these figures, so it is clear we are not comparing like for like.
April has continued to be busy, so we are still expecting the usual bumper month in May.