2019 Property Market in the North, Still growing?
Property in the north
Property Market in the North
2019 Property Market in the North, Still growing? Well the quick answer is yes of course.
Let me explain why…
More Buoyant
Property Market in the North of England are expected to be more buoyant than their southern counterparts during 2019. This is exciting news, isn’t it?
House prices in the north east have only recently returned to their pre-financial crisis highs and they still have some catching up to do with the rest of the UK.
What does this mean?
As a result, Hamptons International is expecting property values in the region to rise by 1% in 2019. This would be the highest level of growth it is predicting for any area.
However, it does also state. It expects prices to rise by 7% in the coming three years. Of course future growth will be dependent on some areas unlocking their potential through regeneration or infrastructure developments.
The Northern Powerhouse Strategy
Of course, much of this can be down to and dependant on some of the strategies to be implemented or that already have been by the Northern Powerhouse Strategy.
Price growth in other regions in northern England has been slowing in recent months.
This trend looks set to continue into next year, with Yorkshire and Humberside likely to see gains of 0.5%, while prices in the north west are expected to be flat.
Are you thinking of investing in the North?
There are so many options available to you. We can help. So, please do not worry!
What we do is work with our investors, so that you have the confidence to know your money is working for you.
If you want to have a conversation on how we may be able to help please just get in touch here.
Be back soon
We will keep bringing you up to date information about Sheffield, I Squared Properties and what we are up to and new developments we are taking on.
Speak soon
Laura and James