Landmark’s Residential Property Trends Q4: a market on hold as movers wait for more certainty.
The Q4 2022 edition of Landmark’s Residential Property Trends Report is now available. Inside, you’ll find a summary of the last quarter’s residential property transaction pipeline from listings to SSTC/SSTM, searches ordered, and completions.
Q4 was in some ways predictable, as Autumn’s fiscal events and shifts in leadership prompted uncertainty in the financial markets.
Highlights from Q4 include:
- Lower SSTC and search volumes in Q4 likely due to the combined impact of affordability, inflation, and interest rates.
- Supply remains strong with steady listing volumes, but a drop in December may indicate that home buyers were waiting for the New Year to take action
- Our data on completion volumes shows these are holding steady with the levels reported in Q3
We hope you find it useful!