Property website Zoopla has predicted a significant rise in the number of homes sold in 2025.
The property experts are forecasting a rise from 1.1 million home sales in 2024 to around 1.5 million in 2025. The drivers for this growth are increased incomes and the availability of more affordable homes. However, the average house is expected to rise in price by 2.5%. London will continue to be the most expensive housing market, with Inverclyde the least costly.
The largest increase in buying groups will be first-time buyers. Another reason the housing market will continue to grow in 2025 is that mortgage interest rates are forecast to remain low.
The Planning and Infrastructure Bill is expected to be passed by the UK government, and this will help builders construct more new houses, but the government’s target of 1.5 new homes before the end of Parliament may not be achieved.
In 2024, Scotland was the top fastest moving house market in the UK. The average time to complete a house sale in the UK was 33 days, but in Falkirk this was only 15 days, and Glasgow 16 days. For those who want a quick completion in 2025, Liverpool is the best area for a fast sale in England, with an average sale time of 19 days.
If you believe 2025 is a good time to relocate to Liverpool, you may need the help of a top Liverpool removal company like Merseyside Movers & Storers. When you have a moving date, book us to transport your belongings.
