TPP564: Expert property predictions for 2024
The Property Podcast
Rob Bence & Rob Dix
4.8 • 2K Ratings
🗓️ 4 January 2024
⏱️ 20 minutes
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| 0:00.0 | Happy New Year, I'm Rob B. With me, of course it's Rob D and we are starting |
| 0:08.1 | 2024 strong. Come on everyone, let's go. Welcome back to another year of the property podcast. It feels so good to be back. Hope you've had a wonderful |
| 0:24.0 | break and you are ready to make 2024 a good one. Of course at the start of the |
| 0:29.3 | new year you're wondering what lies ahead, what's going to be happening in the property market. |
| 0:33.2 | And this week we are joined by some experts from around the world of property to help us answer |
| 0:38.0 | just that question. |
| 0:39.9 | And do make sure you stick around to the end where we've got details of some extra special things |
| 0:44.0 | that are coming your way in January and of course it's all free. |
| 0:47.8 | It's a new year full of hope, full of excitement, full of uncertainty. What is 2024 going to hold for the property market in |
| 0:56.0 | particular? Well next week we're going to be making our own predictions but we don't |
| 1:00.7 | want to be out here on our own. We know we're the only ones looking silly. |
| 1:04.0 | So we have asked some experts from around the world of property to give us their predictions. |
| 1:09.3 | So you'll hear those in just a minute and there is quite the range of views. But before we get into those, it might |
| 1:15.8 | be worth rounding up some of the mainstream predictions, some of the big names, the ones you |
| 1:20.0 | always see out there, the ones with teams of PhDs bevering away at spreadsheets to come up with the best |
| 1:25.3 | forecasts they can. What's out there? |
| 1:28.0 | So let's do a round up for property price predictions for 2024. The OBR comes in down 4.7%. Right move says asking prices will be down 1%. |
| 1:39.8 | Savals are predicting a fall of 3% and Lloyds are predicting a fall of 4%. |
| 1:48.0 | Rob let's go back under our dovays. |
| 1:50.0 | This year's not worth having. |
| 1:51.0 | Well, maybe not so soon because actually those |
| 1:54.7 | predictions are from very respectable organizations but those very |
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