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January 2020 Property Market Snapshot

Bringing you the latest trends in the UK’s housing market, with a detailed focus on South Hampshire.

We can see some really positive stats for the property market in Taylor Hill & Bond’s core areas of South Hampshire with all indicators showing that 2020 should be a great year.

Property prices are rising at their strongest level in a year according to the latest UK House Price Index. At £235,298 the average price of a property in November is 2.2% more expensive than a year ago, the highest rate of annual growth since November 2018.

Property Portals – which is your favourite?

With most property searches now beginning online the property portals have never been more important. But which is your favourite and why?

  • Each month, the top 10 property portals appear in 15 million Google searches. In today’s world it is a given that buyers use property portals to search for their potential new home.
  • Rightmove was named the portal of choice by over 75% of buyers and sellers in research conducted by the Property Academy. It is the number one most searched-for portal, with over 11 million Google searches each month. Zoopla ranks second with 2.7 million.
  • Year on year, demand increased for half of the top 10 brands. OnTheMarket and Peabody have witnessed the greatest increases in search action.

If you would like a more bespoke and personal advice regarding your property search please feel free to contact our team: http://bit.ly/contact_us_thb