House price growth slowed to 1.8% in July, but experts say serious buyers can still snag great deals. Nicholas Finn of Garrington Property Finders notes that while many buyers are waiting for market clarity, those ready to move are enjoying a buyer's paradise, especially in London and the southeast. With plenty of homes available, savvy buyers can negotiate significant discounts.
Jason Tebb from OnTheMarket highlights the market's resilience amid global uncertainties, noting that despite inflation and interest rate challenges, the market remains stable. Graham Nicoll of NCL Wealth Partners advises against over-analysing minor growth changes, reminding us that property is a long-term investment, not a short-term gamble.
Nathan Emerson of Propertymark agrees, stating that steady prices indicate a balanced market. He emphasises the importance of policy stability alongside interest rate steadiness to boost market confidence. As the new Prime Minister shapes housing policy, clarity in taxation and supply will be crucial for maintaining market stability.
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