West Wales Property Finders

  • Who We Are
  • About Us
    • What We Do
    • Why Use Us
      • Testimonials
    • Why West Wales
    • Fees
  • News
    • Property
      • Carmarthen
      • Ceredigion
      • Gower
      • Pembrokeshire
      • Property Prices
      • Holiday Homes
      • Holiday Lets
    • Press Coverage
  • Contact Form

Buyer Demand Up Enormously in Wales Since Referendum

February 2, 2019 by Carol Peett

Demand for property in Dyfed up enormously since referendum

A new study from PropCast has revealed that, since it was announced that the UK would be leaving the EU, buyer demand has risen for 57% of the counties, across England and Wales combined, with buyers increasing their love the most for Dyfed (Pembrokeshire, Carmarthenshire & Ceredigion) in Wales – up 64%.

The study examined the percentage change in buyer demand for each county from June 2016 to Jan 2019 to see what effect Brexit has had on buyer demand levels, and therefore the potential for house price growth, the most.

It seems that Brexit is not affecting the UK property market equally.

In addition to Dyfed, five other Welsh areas – Powys (+58%), Clwyd (+58%), Mid Glamorgan (+41%), Gwynedd (+38%) and Gwent (+37%) have all seen a noteable increase in buyer demand. As a house selling weather forecast, PropCast has noted that despite this rise in buyer demand, Dyfed, Powys, Clwyd and Gwynedd are still in a buyers’ (cold) market according to their market heat temperatures – although the balance of power is now inching closer to sellers. Meanwhile growing popularity has meant Mid Glamorgan and Gwent have moved into a sellers’ (hot) market.

In England, the county that experienced the greatest increase in affections is the Isle of Wight, with buyer demand rising 34%, closely followed by Shropshire (+31%), Herefordshire (+28%) and South Yorks (+27%). This increase has pushed the Isle of Wight and South Yorks into a sellers’ market, whilst Shropshire and Herefordshire sit just under the threshold.

Other counties who have migrated into a sellers’ market due to this increase in demand include Cornwall and West Yorks, whilst the existing sellers’ markets of Leicestershire, Worcestershire, Devon, Derbyshire, Staffordshire, West Midlands, Greater Manchester and Nottinghamshire have become even more favourable for sellers.

However, heart ache looms for some as home buyers fall out of love with over half of England’s counties. Demand has dropped the most for Buckinghamshire – down 40% – followed by Bedfordshire (-37%), Hertfordshire (-35%), Berkshire (-32%) and Greater London (-31%). Other counties include Essex, Cambridgeshire, Oxfordshire and Surrey. This fall in buyer demand potentially indicates either the home moving portion of the electorate are experiencing some sort of Brexit remorse or are largely ‘remainers’ in their makeup.

https://www.propertyreporter.co.uk/property/buyer-demand-is-up-in-over-half-of-english-and-welsh-counties-since-2016-referendum.html

If you are looking to move to Pembrokeshire, Carmarthenshire or Ceredigion, or interested in buying a property here, give West Wales Property Finders a call on 01834 862816.  We can find your perfect property for you whilst saving you time, stress and often money too. http://www.westwalespropertyfinders.co.uk

  • Facebook
  • LinkedIn
  • Twitter
  • Pinterest
  • Google

Filed Under: Property NewsTagged With: Best UK Coastal Resorts, Best UK Holiday Destination, Buy to Holiday Let, Buyers' Agent, Holiday Homes, Home Finder Pembrokeshire, Home Finder Wales, Homesearch, Homesearch Carmarthenshire, Homesearch Ceredigion, Homesearch Pembrokeshire, House Prices, Pembrokeshire, Popular Towns in West Wales, Property, Property Expert Wales, Property Expert West Wales, Property Finder, Property Finder Carmarthenshire, Property Finder Ceredigion, Property Finder Gower, Property Finder Pembrokeshire, Property Finder Wales, Property Finder West Wales, Property Finders West Wales, Property Pembrokeshire, Property Search Carmarthenshire, Property Search Ceredigion, Property Search Gower, Property Search Pembrokeshire, Property West Wales

Our Committment

We are entirely independent and represent only the interests of property buyers. This means that at all times we are focused solely on the needs of our clients.
01834 862816

Newsletter

Tags

Buyers' Agent Holiday Homes Home Finder Pembrokeshire Home Finder Wales Homesearch Homesearch Carmarthenshire Homesearch Ceredigion Homesearch Pembrokeshire Pembrokeshire Property Expert Wales Property Expert West Wales Property Finder Property Finder Carmarthenshire Property Finder Ceredigion Property Finder Gower Property Finder Pembrokeshire Property Finders West Wales Property Finder Wales Property Finder West Wales Property Pembrokeshire Property Search Carmarthenshire Property Search Ceredigion Property Search Gower Property Search Pembrokeshire Property West Wales

About Us

West Wales Property Finders can find your dream home and offer a range of services to save you both time and money. About Our Fees.

Our Location

Caermaenau Fawr
Clynderwen
Pembrokeshire
SA66 7HB

  • 01834 862816 / 077966 15332
  • carol@westwalespropertyfinders.co.uk

Press Coverage

For many families, luxury now includes a grand dining room, wine cellar, … [Read More]

All Press Coverage Articles

Connect With Us

  • Facebook
  • LinkedIn
  • RSS
  • Twitter

Legal

Privacy Policy

© Copyright 2014-2022 West Wales Property Finders · All Rights Reserved · Website Development

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More
Privacy & Cookies Policy

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Non-necessary
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.
SAVE & ACCEPT