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As we step into the new year, the real estate market continues to be a dynamic and ever-changing landscape. 2023 brought its own set of challenges and opportunities, shaping the expectations for what lies ahead in 2024.
The big question is – what happens next?
In summary, the ongoing cost-of-living crisis, mortgage rates and even the general election will all play a part in the property market this year but one thing is certain – the outlook for 2024 looks more positive than this time last year. The property market in England and Wales is far more resilient than anyone ever expected and, whilst unexpected challenges are inevitable, we are optimistic that 2024 will bring far calmer market conditions.
For further information please contact Tejal Amin or another member of our Residential Real Estate team.
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