Market Shock - “Severe correction” for London as most of UK soars

Market Shock - “Severe correction” for London as most of UK soars

A prominent housing market analyst is warning that in 14 years of studying prices and transactions he has never seen the current level of disparity between London and the regions.

The capital’s market is on its way to a “severe correction” according to Doug Shephard, director of the property website Home. Meanwhile it’s business as normal - or even better than normal - in many other parts of the country, he says.
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Source: Estate Agent Today


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Against a noisy global backdrop, the UK housing market has quietly surged, posting its strongest week for sales agreed in 45 weeks. Demand hasn’t vanished, it has sharpened. Well-priced homes are moving fast, while overpriced listings linger, making strategy and timing more critical than ever.