Market Trends
Housing Trends: Jonathan Millerās recent piece, "Five Housing Market Trends to Keep an Eye on in 2025", outlines emerging shifts that could shape the industry this year. Keep an eye on these trends for some exciting opportunities! š
First-Time Buyers: Early 2025 is seeing first-time buyers take center stage, as highlighted by Ryan Bembridge. This major demographic is set to redefine the market dynamics. š
Policy & Legislation
Rentersā Rights Bill: The Law Society is urging an increase in justice system funding to support the new Rentersā Rights Bill. This push for change is stirring up quite a conversation! š
New Home Construction: Thereās been a notable 10% drop in new homes built since Labour came to power, hinting at potential challenges in housing supply. š®
Regional & International Insights
Regional Rental Growth: The North East is currently leading the charge in rental growth, suggesting a vibrant local market with strong demand. š
US-Canada Tariff Deal: Jeff Andrews reports that the U.S. has struck a deal with Canada to pause tariffs for one monthāan international move that could have ripple effects on cross-border real estate investments. š
US Market Softening: Despite a softening in home-price growth, external factors like the LA wildfires are impeding a broader market recovery, as noted by Kennedy Edgerton. š„
Partnerships & Future Developments
Industry Debates: Dean DiCarloās post on the debate over dual agency shines a spotlight on current agency practices and the call for clearer cooperation standards. š¤
Strategic Collaborations:
Zoopla has linked up with an agency group for a two-year partnership, signaling strong moves in tech-driven real estate services. š±
Canopy MLS members are now being offered Rental Beast solutions, a development that could enhance rental management services significantly. š¼
Ownwell has partnered with Valon to launch a new property tax monitoring service, bringing added transparency and efficiency for property owners. š
Upcoming Insights: Stay tuned for the Grey Belt conclusions, set to be revealed tomorrowāpromising more in-depth analysis on market dynamics. ā³
Thatās a wrap for this update! Keep following for more news and insights as the market evolves. Have a fantastic day and happy investing! š