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HomeBusinessReal EstateWhat’s in store for the housing market this year?

What’s in store for the housing market this year?

This time ultimate yr, I kicked off my forecast for the 2021 marketplace through proclaiming that, within the prevailing stipulations, “prophesy is a mug’s sport”. The Large Names went directly to turn out the purpose, as Savills, Knight Frank, Rightmove, Zoopla, et al, scrambled their approach in the course of the yr expanding the numbers as they went.In my view, I dodged the bullet through surroundings out 3 conceivable results for the yr, depending on how the pandemic may play out. I’m relieved to file, my ‘Possibility 3’ was once at the cash, suggesting that if there was once a a success vaccine roll-out and the ‘R price’ (understand that?) fell, then the marketplace would flourish and the yr would finally end up round 10% forward of 2020. (That forecast continues to be up there as a question of file if you wish to test on me… https://afoliver.company/insights/the-residential-market-in-2021/ )

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