Greycoat Real Estate: UK Housing Market

Greycoat Real Estate, one of the largest real estate companies in London with over 45 years of experience, states that there has been a rise in sales expectations and buyer demand. Buyer demand has risen with a net balance of over 8% of respondents.

This depicts an increase in new buyer inquiries, making it the largest positive result since February 2022, Greycoat shares. On the supply front, the number of new home listings has increased for four consecutive months to a net balance of over 13% of respondents. They predict further improvement on the side of expectations by a margin of over 6%. 

Greycoat Real Estate also states that house cost trends have increased for seven consecutive months, from -67% in September 2023 to around -4% in March 2024.This shows how much the house prices in the UK have stabilized. In March, the question regarding tenant demand remained very positive, with a net balance of over 19%. 

On the other hand, landlord instructions have a weak balance of -19%. Consequently, rental prices are still expected to rise in the next few months (Realassets). 

The company stated that it is working across the sector to develop ways for both industry professionals and consumers to access the necessary information regarding buying and selling a home. Greycot finally states how it also stated that demand is gradually recovering across the British housing market.

Greycoat Real Estate, one of the largest real estate companies in London with over 45 years of experience, states that there has been a rise in sales expectations and buyer demand. Buyer demand has risen with a net balance of over 8% of respondents.   This depicts an increase in new buyer inquiries, making it…