Economic Update for homeowners, landlords and property developers 2024

Some thoughts by Kobbii Nyarko of Portsmouth Property Connect Following the property inflation year of 2022, the consistent bank rate rises that continued into 2023 affected property prices and sales volumes throughout the country. In Portsmouth specifically, the property market value dropped by 4.1% in the year leading up to November 2023, and sales volume […]

The UK Housing Market in 2024

a house in Southsea

The movers and shakers A Q&A with Neil Maxwell, Director at Fry & Kent estate agents in Southsea, since he updated us on the situation back in September 2023. Q According to most news outlets, house prices will fall again in 2024: eg the FT The Times and Forbes. Meanwhile, the Guardian says we’re past […]

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