The UK housing market is bustling with activity as shown in our latest March 2024 property market data, revealing some changes from just a year ago in March 2023.
There's a notable uptick across the board, except for Northern Ireland, which experienced a 6.2% decrease.
Yet, the spotlight for properties on the market shines on the South West, boasting an impressive 19.1% increase, heralding a significant influx of homes on the market. Wales and the East Midlands aren’t far behind, with increases of 14.5% and 16.9%, respectively, signalling a promising variety of new homes to live in for prospective buyers.
Scotland and London present contrasting scenes; Scotland sees a 7.4% rise while London shows a modest 3.8% climb, perhaps reflecting the capital’s already saturated market. The North East, North West, and Yorkshire & the Humber regions are also flourishing with 9%, 11.3%, and 17.3% increases, respectively, suggesting a robust expansion in choices for those seeking new beginnings.
For those enchanted by East Anglia, there's a 14% growth, and the West Midlands isn't far off with a 14.1% bump. The South East also shows a healthy 11% rise, further adding to the broadening landscape of options.
With more homes on the market, Romfords homeowners, landlords, and future residents now have a wider selection to find their perfect dwelling, possibly the forever home they've been dreaming of. If you're contemplating a move, seize this well-timed moment and reach out to our Estate Agency in Romford, where your new home journey begins.