Property Market Outlook 2023

Property Market Outlook 2023

Dataloft's central (main case) outlook scenario for house prices is of a market slowdown and mild price falls. Lower transaction volumes but better than suggested by recent low mortgage approvals data.

There are reasons to be positive about the housing market and the outlook has improved since Liz Truss stepped down. The interest rate market is calmer, employment remains strong and Government policy favours home ownership.

Potential pressures to watch are weaker economic growth; a new norm of higher interest rates; weak consumer and investor confidence; worsening or prolonged cost of living crisis and a lack of first-time buyers.

Markets that could outperform include those that are more affordable. Less likely is the first-time buyer sector, markets which have seen significant increases recently (second homes and the commuter belt) and buy-to-let markets.

The latest Dataloft subscriber poll revealed that most agents (80%) are expecting a similar outlook– for sales prices to remain stable or to only fall by up to 5%.

Source: Dataloft January 2023

Sign up to our mailing list

Get tips like this along with the latest property market news straight to your inbox by signing up 


Want to sell or let your property ?

We are estate agents and letting agents in Leytonstone, E11 and we are specialists in the London property market. Request a free valuation and one of our experts will get in touch with you to discuss how we can help you  



Can't find what you are looking for?

Our helpful team are on hand to answer any queries and concerns you may have.

Get in Touch

This website uses cookies. We use cookies to provide social media features and to analyse our traffic.
You consent to our cookies if you continue to use our website. Read our cookie policy. I understand