Mar 11 2025 12:52:00

"The housing market has started 2025 on a stable footing, with approximately 2,200 newly agreed sales, aligning with long-term average levels. Despite subdued economic growth, unemployment remains low, and wage growth continues to outpace inflation, providing underlying support for housing demand.

Looking ahead, borrowing costs are expected to ease further, with markets anticipating at least two more interest rate cuts this year. As affordability pressures gradually ease, this should help sustain buyer confidence in the months ahead."