Regional contrasts\u00a0<\/p>\n
Beneath the national averages, the regional picture is far from uniform. The North West\u00a0of England, Northern Ireland, and Scotland have emerged as relative bright spots. These regions have bucked the broader downward trend, with prices continuing to rise or, at worst, holding steady. In the North West, for example, surveyors report growth of 2-3%, supported by steady demand and a market less affected by the economic headwinds that have dampened sentiment elsewhere.\u00a0<\/p>\n
Northern Ireland and Scotland also stand out, with respondents noting ongoing strength in both demand and pricing. In Northern Ireland, new builds and properties in turnkey condition are attracting particular interest, while Scotland\u2019s market remains buoyant, especially for well-located and realistically priced homes.\u00a0<\/p>\n
Concerns in the South and East\u00a0<\/p>\n
By contrast, East Anglia, the South East, and the South West\u00a0of England are experiencing more pronounced weakness. East Anglia, in particular, has\u00a0seen price declines outpacing the national average, with surveyors citing a glut of flats and a high number of landlords exiting the sector. \u00a0<\/p>\n
David Boyden, of Boydens\u00a0Ltd,\u00a0who is based in East Anglia, said: \u201cDemand remains strong, deals coming through but not at the same rate due to holidays, time taken to reach exchange still remains ridiculously high and needs urgent attention by the government.\u201d\u00a0<\/p>\n
The South East\u00a0is described as \u201con life support\u201d, with high interest rates and taxation contributing to a stagnant market. Here, both buyer and vendor confidence are fragile, and the market is highly price sensitive, with overvaluing\u00a0by agents leading to limited viewings and extended selling times.\u00a0The concern from brokers is clear.\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"Regional contrasts\u00a0 Beneath the national averages, the regional picture is far from uniform. The North West\u00a0of England, Northern…\n","protected":false},"author":2,"featured_media":69886,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[84,467,56,54,55],"class_list":["post-69885","post","type-post","status-publish","format-standard","has-post-thumbnail","category-markets","tag-business","tag-markets","tag-uk","tag-united-kingdom","tag-unitedkingdom"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/69885","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=69885"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/69885\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/69886"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=69885"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=69885"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=69885"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}