Spring market dampened by rain

Estate agents are experiencing a dreary start to the selling season due to weeks of rain, which has affected the spring property market. Homeowners have been holding back from selling until their gardens and land look more presentable, while buyers have been delaying viewings until the weather improves. The rain has damaged gardens and land, making it unappealing for potential buyers. Research shows that the highest number of house sales are agreed in the four-month period from March to June, when rainfall is typically 42% lower than the rest of the year. The rain has also affected photographers' ability to take good pictures of properties, delaying marketing efforts. 

The Times (11/05/2024)