5 Reasons We’re Seeing Falling Housing Market Prices


We all know the story. The pandemic hit the world, leading to lower mortgage rates and a greater desire for people to have their own space.

As a result, we all rushed to buy properties, causing one of the tightest property markets of recent years. But fast forward to more than two years later, and what’s happened?


Some figures suggest as many people as 75% regret their decision to buy, feeling they acted hastily based on pressure.

Reasons We Might See Falling Housing Market Prices

1) What Goes Up Must Come Down

The phrase “what goes up must come down” hasn’t proven valid for the housing market over recent years, despite what common sense would have predicted. 

2) Lower Supply of New Housing Market Buyers

Many people chose to buy houses during the pandemic means these people are no longer searching for properties.

3) Changes in Expectations 

Demand and prices for bigger houses in more rural areas increased. Fixer-uppers also saw a surge in popularity.

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