The property pages have been full of news about a national property shortage lately, and the effect that high demand for properties is having on sales figures and property prices, but will this reported shortage have an impact on the back to school property slump we usually see in September?
If you need to sell a house quickly you may be forgiven for thinking September would be a good time of the year to put your house on the market; the weather is still usually pretty amenable and people often come back from their summer holiday feeling refreshed and looking to make a fresh start, but properties traditionally see a drop of around 5% between June and September thanks to a lack of buyers.
If current demand for property is as high as has been reported, will a reluctance to relocate children close to the start of the school year – the reason usually given for the September slump – really be enough to put buyers off? It seems unlikely, but if it is the case then September could be a chance for those without children to beat the competition and bag a bargain.
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