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.
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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.
Diolch i bawb yn Williams a Goodwin am eich gwasanaeth ac ymdrech i werthu ein ty! A diolch i Gemma yn arbennig am ymateb i phob ebost a galwad yn brydlon a cadw ni ben ffordd.
Diolch!
Scott D
During the purchase of our property. We dealt with the Holyhead branch. From our first viewings (not just the property we bought), they were very professional and dealt with all our enquiries fast and efficiently. Unfortunately, part way through our purchase, the sellers of the property we were purc...
Sara Hughes
I cannot recommend or thank Williams&Goodwin Holyhead Branch enough for their support and guidance as I bought my first home. From the friendly viewing accompanied by Jamie to the continued reassurance, communication and updates from Charlotte, the team were so approachable and professional thro...
Megan Dixon
Elizabeth Margaret Jones
Well what can we say, a brilliant service from Caron Sally and Gemma and Amy , they went out of their way to make our journey less stressful, Caron was always there to listen to me when I was worried about anything, and thank you also to Dafydd .
Ceuron Parry
Gemma, our estate agent, truly made the process of buying our first home a breeze. From the very beginning, she was incredibly supportive and attentive to our needs, guiding us through every step with patience and expertise. Her in-depth knowledge of the local market and her keen eye for detail help...
Catherine Fiona Richmond
Absolutely 💯 % customer service keeping everyone up-to-date in the process
John Lewis
Williams And Goodwin at Llangefni provided an excellent service throughout the process of selling our property. Caron and her colleagues were very efficient and helpful. Initial valuation was well organised turned out to be very accurate. Enquiries were handled quickly and effectively. Very useful t...
Llinos
Hoffwn ddiolch i TPPUK am werthu fy eiddo ar fy rhan. Roedd Dafydd yn wych a’r broses gyfan yn ddi-drafferth. Roedd Gemma yn y swyddfa yn arbennig ac yn fy niweddaru’n gyson ar ddatblygiadau. Buaswn yn argymell TPPUK I rywun sy’n meddwl gwerthu- proffesiynol a gwasanaeth cwsmer rhagorol.
Diane Foster-Deam
We have had a 7 month marathon,from putting an offer on a property,to exchange of contracts. We have had pretty poor communication from solicitors,who have made this journey very stressful. The only saving grace has been Gemma, from williams and goodwin. Her support and professionalism has been out...
