{"id":44300,"date":"2023-12-17T02:39:06","date_gmt":"2023-12-17T02:39:06","guid":{"rendered":"https:\/\/histarmar.net\/?p=44300"},"modified":"2023-12-17T02:39:06","modified_gmt":"2023-12-17T02:39:06","slug":"expert-shares-where-house-prices-are-most-likely-to-rise-in-2024","status":"publish","type":"post","link":"https:\/\/histarmar.net\/world-news\/expert-shares-where-house-prices-are-most-likely-to-rise-in-2024\/","title":{"rendered":"Expert shares where house prices are most likely to rise in 2024"},"content":{"rendered":"

<\/p>\n

The National Association of Property Buyers says a shortage of available homes and the \u201clow key\u201d plans for house building next year will benefit many sellers.<\/p>\n

Spokesman Jonathan Rolande said: \u201cIt has been estimated that, overall, all regions will experience house price falls next year, ranging between 1.5 percent and four percent.<\/p>\n

\u201cBut with each passing week I think these predictions are looking wider and wider of the mark. In fact I believe many towns and cities outside of London can expect to see price rises every month throughout 2024.\u201d<\/p>\n

The areas bucking the trend for house price rises were Halifax in West Yorkshire (3.6 percent), Motherwell in North Lanarkshire in Scotland (2.4 percent).<\/p>\n

And Mr Rolande believes these regions – along with Margate, Ramsgate, Bolton, Liverpool, Reading, Derby, York, Rotherhithe in London, and Aberdeen – will perform well again in 2024<\/p>\n

READ MORE: <\/strong> Top three interior trends for 2024 named \u2013 how best to style them<\/strong><\/p>\n

<\/p>\n

\u201cThese are all areas where property prices are rising,\u201d he said. \u201cAnd I don\u2019t see any evidence of that changing in 2024 given the way the market is going.<\/p>\n

\u201cTwo things are driving price rises in these areas. One is a shortage of available property and the second is the fact there is no clear roadmap to housebuilding to address that supply shortage. Buyers in these spots are therefore willing to pay a little bit more as they are desperate to get their foot on the ladder.<\/p>\n

\u201cThe Government\u2019s plans for house building in 2024 are really low key in terms of what is needed. And this will have a knock on impact in helping prices to rise in these areas.\u201d<\/p>\n

Mr Rolande said London and parts of the south east, including Essex and Kent, will find it harder to secure house price rises.<\/p>\n

<\/p>\n