‘Homes in right place at right price always sell’
A few weeks of uncertainty within the housing industry was felt immediately after the EU referendum outcome, but optimism is prevailing with the housing market continuing to do well.
Demand is remaining high and estate agents are commenting that activity is similar if not better than the same time last year.
The housing portal, Rightmove, recently reported that buyer interest was in line with previous years and inquiry levels are consistent with the same period in 2014.
News reports also told us that housebuilding shares have risen, building confidence and putting minds at ease.
This is reflected in the recent construction buyers report that recorded a recovery in August compared to July.
Similarly, the residential market survey by the Royal Institution of Chartered Surveyors (RICS) released earlier this month reported that house prices are regaining momentum, with sales holding steady after four successive monthly falls.
For the first time since April it also predicted both the short and long term prices would rise. This is excellent news for housebuilders like us.
The constant imbalance between the quantity of properties available versus the large number of buyers means that the housebuilding industry will likely remain consistently buoyant, enduring a little fluctuation here and there when it comes to big political and economic disturbances, but on the whole remaining consistent.
At Wedgewood Homes, we are a perfect example of housing success after the referendum. We received a great deal of interest in our Longview development in Boughton-under-Blean, and recently sold the last two remaining homes.
It goes to show that whatever the market climate, inquiries will continue and there will always be a need for new homes. If they are good quality homes, built in great locations and at the right price, there is no doubt they will sell.
Wedgewood Homes has homes available at The Willows in Chestfield. For information ring 01732 824744