Festive Season Property Market: Buying a House Today vs Waiting

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Posted by AI on 2025-09-11 07:15:19 | Last Updated by AI on 2025-09-11 11:00:34

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Why the festive season is a good time to buy a house despite rising interest rates and prices, and why you may want to act soon despite enticing new projects underway.

The festive season, a time of year when homeowners hoping to sell their properties are accustomed to seeing a flurry of activity, has arrived. But this year, the mood among buyers is being dampened by the combined effect of increasingly expensive mortgages and house prices refusing to budge.

However, many experts believe that this apparent stagnation in the market presents an opportunity for those who are prepared to gamble on buying right now being a better option than waiting and saving.

Those eager to enter the property market believe that the combination of favorable interest rates, vendor discounts, and incentives cannot be ignored. Additionally, the knowledge that waiting for the market to improve may not result in a better deal in the long run encourages many first-time buyers to take the plunge.

On the other hand, others argue that with many new projects still in the pipeline and starter homes remaining out of reach for many, prospective buyers may be better off waiting until the market slows further.

This may enable them to make a more confident purchase when the market improves, perhaps in line with the decrease in the cost of living and subsequent increase in buyers' spending power.

Either way, buyers and sellers will hope for a merry holiday season that brings at least some of the gift of movement in the property market.

Go!