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How much are interest rate INCREASES impacting the property market RIGHT NOW?

PROPERTY TALK

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The hot topic at the moment is interest rates. There is currently a lot of talk out there at the moment about interest rates increasing and the impact this could have on property prices.

In my opinion, the biggest issue out there at the moment is not the increase in interest rates directly but the impact of all the doom and gloom talk in the media about interest rate increases which is causing a drop in buyer confidence.

Buyers are still there wanting to make a purchase but we are noticing more buyers at the moment are deciding to sit tight lacking the confidence they might have had 6 months ago to jump in and make the purchase.

Want to find out more about the Property Market?

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