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After a few uncertain years, there are real signs that home values have plateaued and are looking to bounce back.

Independent Economist Tony Alexander has been expressing the view that nationwide prices on average will gain around 5% this year. A range of economic levers are beginning to change the market from a buyers’ market to a sellers’ market.

In his latest One Roof article, Alexander ends with this prediction: 

“For young buyers the wide window of opportunity to make a purchase with little competition and vendors willing to accept offers with many conditions is closing rapidly.”

Of course, that’s just one expert’s opinion, but there are plenty of other respected economists who think the time is now. But enough of predictions, let’s look at the market forces that are impacting the property market....Read more

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