The latest regional property market reports have been released providing key trends in the national and local housing market. Whilst some headlines are just that – headlines to grab attention, bad news appears to sell, but what is actually happening?
Price Correction:
Property Price Growth is moderating and price correction is forecast at 7.2% in the year to October, annual price growth remains stronger than the 3.3% average between 2010 and 2019.
The Market In Context:
In context – inflation is expected to peak during the final quarter of 2022 before falling back over the course of 2023 and unemployment looks likely to remain lower than the 10-year average (5.3%)
Local estate agents & auctioneers Williams & Goodwin The Property People who also trade as All Wales Auction covering Anglesey & Gwynedd for many years, have also been selected as the best independent agents in Gwynedd & Anglesey by The Guild of Property Professionals.
Melfyn N WilliamsBSc(Hons) MRICS PPNAEA FNAVA CPEA, director at Williams & Goodwin commented:
“As an experienced agency we have worked through the ups and down of the housing market since the 1980s and have experienced the rapid growth times naturally followed by the more steady, normal property market activity. Following the Covid pandemic lockdowns we were unleashed into a frenzy which couldn’t carry on forever and the market is now turning, as expected, back to normal where peoples’ aspirations and expectations should still be attainable, albeit in perhaps a not so rushed timeframe”.
At Williams & Goodwin people can expect a forward-thinking, positive approach agency that provides solutions to your housing needs, we are here to help people move and help you achieve your goals. We trust that our experience and knowledge will ensure a smooth transition for our customers with our realistic appraisals to achieve the best results for our clients.
Melfyn concluded:
“As we move towards 2023 the property market is likely to be different to 2022, however people will still need a home, still need to move and still see over the longer term, a positive growth in house prices”.
For more information of selling or buying a property in Anglesey or Gwynedd please call our team on: 0845 087 11 11.
Prisiad Sydyn Am Ddim
Ydych chi am werthu neu osod eich eiddo? Cymerwch y cam cyntaf a darganfyddwch beth yw gwerth eich eiddo gyda phrisiad rhad ac am ddim heb rwymedigaeth.
Williams & Goodwin The Property People are members of the Guild of Property Professionals, National Association of Estate Agents, Association of Residential Lettings Agents, National Association of Valuers and Auctioneers and are Chartered Valuation Surveyors we are members of a National Network of approximately 800 independently owned and operated Estate Agents.
Kerry Hodgson was our agent from start to finish during our house buying process, and she was absolutely brilliant throughout the whole thing. Her responses were pretty much immediate, she was always there for us to answer any questions we had and was always super friendly. She made us feel so at ea...
Vicky Jenkinson
Charlotte Roberts - Property Specialist, was allocated to support us with our house purchase. From the start of our journey in buying our chosen property, right through to the final signing of papers, Charlotte was there supporting and guiding us through all the way. Charlotte has been absolutely ...
Tim
Excellent service from beginning to end. We purchased our first home through Williams & Goodwin and Julia was amazing at ensuring that the whole process went smoothly. Great communication, friendly, polite and highly proactive in making sure that the conveyancing process went as smoothly as poss...
Ian Murdoch
Having never previously sold a property through the Auction Process at first I was very hesitant, but my fears were short lived. Vicki James from the Llangefni office was most professional in all areas including fully explaining the Auction process, formulating the guide / reserve price, keeping me ...
Phil T
Williams and Goodwin Holyhead to sell two properties. Found the service to be professional and friendly. The latest sale was handled by Charlotte who was extremely professional and committed in ensuring the sale completed. I will certainly use them again and would not hesitate in recommending them.
gary hughes
Very good and effective process with excellent communications. Would recommend without hesitation.
Don Brocklehurst
Excellent and professional service from Cai who found us exactly what we were looking for. Also thanks to office staff who helped with admin. Thanks.
anthony adams
mark jones
Very happy that we chose Willliams & Goodwin manage our long term let, Anton & team have been extremely professional throughout the process, even when things didn't go as they should with nightmare tenants. Also glad we took up there advice with Landlords insurance.
Ahmed Ali
I've rented the property through Williams and Goodwin, and I must say, the entire staff has been incredibly helpful and professional throughout my tenancy. Specifically, Mr. Anton stands out for his exceptional assistance with maintenance inquiries. Overall, a highly commendable experience with the ...
