Q1 Collection Market Report
As we enter the second quarter of 2023, there is an opportunity to evaluate how the Hertfordshire property market has performed, particularly with regards to the higher end segment. The real estate market has experienced a significant slowdown at local, regional, and national levels, following a disastrous Autumn Budget, with inflation rates surging in 2022 and the Monetary Policy Committee of the Bank of England raising interest rates as a countermeasure. Despite these economic headwinds, Ashtons’ unique offering, The Collection, has reported strong interest and activity in the high-end sector, evidenced by detailed analysis of £2 million transaction volumes.
04 May 2023