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 Urdd y Gweithwyr Eiddo Proffesiynol.
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.
I’m very happy with the service o received from Julia, Sam and the team.
They took care to explain the process to me and were always happy to answer any of my many questions!
Amy Steele
Would like to thank all the team in Bangor for their support. Big thanks to Julia Goodwin for making the whole experience a breeze.
Katie Elise
Nice and helpful. Excellent
Hannah Powell
Alison Close
Claire Ridgway
Excellent customer service from Matthew and the team!
Matthew Fox
A great estate agent that go the extra mile to make sure our sale went through with no fuss or delays.
Anne Grossett
Always polite and professional, helped with questions queries, great friendly service, would recommend
Christopher McNaught
Amazing service from start to finish.
Everything was fast and efficient from the offset, our house was sold within 72 hours of going on the market.
Would definitely recommend Williams & Goodwin for anyone thinking of selling their home.
