In July, Rightmove say they saw the number of buyers enquiring about homes for sale on the portal increase by 11% compared to July 2023.
When the Bank of England announced its decision to reduce the Base Rate to 5% at the start of August they have seen demand jump even further, and it’s currently 19% higher than the same time a year ago.
This significant rise shows the positive feeling the long-awaited Base Rate drop has brought about with home-movers, looking to kick start their move.
PLJ continues to be busy in both the Worcester and Malvern Offices, and we are expecting to be kept busy well into the autumn.