Nearly half of consumers say houses are over-priced - Introducer Today

Nearly half of consumers say houses are over-priced - Introducer Today

Nearly half of consumers believe that properties for sale in their local areas are over-priced, but only a quarter expect prices to drop in the next 12 months.

In a huge survey of over 32,000 people, just over 41% expect asking prices to be about the same in a year’s time. Only 3.2% expect house prices to fall by over 10%, whilst 7% believe house prices will rise by at least 10%. Overall, 26.2% believe house prices will rise and 26.9% believe prices will fall.