The prices of houses decreased by 2.1% in the 12 months to November, Greycoat specialists comment. In a more elaborate form, house prices decreased from £291,00 to £285,000, approximately a £6,000 decrease.
Lain McKenzie states that these prices are fair compared to the great economic changes that have occurred recently. This price resilience can be attributed to people wanting to own homes. According to Nick Stevenson from Greycoat, this drop in prices is due to increased negotiation between buyers and sellers.
He also adds that these decreases will bring more buyers into the industry, which is a good thing as it will ease the pressure on house prices. For this reason, Greycoat Real Estate has a great platform to negotiate with buyers which helps manage the prices, preventing them from going out of control.
Greycoat specialists add some more information on this matter. The agency states that the buying decisions of buyers are affected by different factors such as lifestyle and market economy fluctuations.
This makes it important for real estate companies to have platforms to negotiate with sellers to make the purchase process easier. Greycoat also has many years of experience in this industry, which makes it the better choice to manage your property buying and selling. This will ensure good value for money to all customers.