Rental market expected to outperform sales market over next 5 years

In this article we look housing market commentators and economists forecasts for the property market over the next 5 years

An average of economists and housing market commentator forecasts over the next 5 years expect the rental market to out perform the sales market, at 3.3% compared to 0.9% per year.
The sales market could see falls in average prices of homes by -7% by the end of 2024 but growth is then expected to return and average 3.8% per year between 2025 and 2027.
In contrast, the rental market is anticipated to see its strongest rates of growth in 2023 and 2024 (4.4%) before stablising at 2.5% per year for the three year period 2025 to 2027.
Housing markets that are less reliant on mortgage finance could record higher than average levels of growth. Improvements to the cost of borrowing may also result in a boost in demand in the sales market.
Source: Dataloft, OBR, HM Treasury (Independent average), JLL, Savills, Knight Frank, CBRE, Rightmove, Zoopla

Get in touch with us

First Name

Last Name

Your Email Address

Mobile Phone

Are you looking to

Buy

Sell

Rent

Let

Please enter message here

Please confirm that it is okay for us to contact you about this information as well as products and services. (You will always be given the right to unsubscribe at any point in the future)

Confirm

Are You Ready to Sell in the Next 3 Months? Here’s How to Win

Thinking of putting your home on the market soon? If you’re aiming to list within the next 90 days, this guide is for you. Here’s how to sharpen your strategy so you don’t just sell, you get the sale you want.

CLICK HERE >

Attleborough’s Property Saleability Secret: The Numbers Every Attleborough Homeowner Must See

Thinking of selling your Attleborough home? New data shows it takes an average of 57 days to find a buyer — but this varies widely by property type and price. With just under half of homes failing to sell, smart pricing and strong marketing are key to securing the best result in today’s market.

CLICK HERE >

Why are so many Attleborough homes bought during the pandemic returning to the market?

In 2020, Attleborough’s housing market mirrored the UK’s surge as lockdown lifted, with homes selling in days and prices climbing fast. Yet many of those pandemic purchases are now returning to the market. Shifting work patterns, higher mortgage costs, and lifestyle reassessments are reshaping today’s property landscape.

CLICK HERE >

Magnificent Grade II Listed 4-Bed Period Home in Dereham with Church Views & Bespoke Interiors.

A magnificent Grade II listed semi-detached residence in the heart of Dereham, exquisitely restored to combine period elegance with modern comfort. Featuring four double bedrooms, a bespoke kitchen, historic cellar, and picturesque views of St Nicholas Church, this remarkable home radiates heritage, luxury, and timeless sophistication.

CLICK HERE >