Welsh property market showing signs of recovery

Discussion in 'UK Property' started by Nicholas Wallwork, Dec 8, 2016.

  1. Nicholas Wallwork

    Nicholas Wallwork Editor-in-Chief Staff Member Premium Member

    A survey by the Royal Institute of Chartered Surveyors (RICS) has cast a very interesting light on the often forgotten Welsh property market. While much of the focus of late has been on the English and Scottish property markets, there are signs that the Welsh market is starting to recover. The recovery may be gradual

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  2. realdeals

    realdeals Active Member

    I would prefer to see the economic statistics for Wales, and hopes for the future, because what happens once the supply/demand ratio rebalances? However, I agree that Wales is often discounted and ignored when it comes to property investment in the UK. Is there value starting to emerge?
     
  3. Longterminvestor

    Longterminvestor Administrator

    Could be that property developers have neglected the Welsh property market leading to a shortage of supply which should see prices increase in the short to medium term? Ironically, an increase in Welsh property prices may tempt some property developers back to the region.
     
  4. nmb

    nmb Well-Known Member

    It may be a case of selective investment in the Welsh property market until we can see a definitive change in the trend. Surely there must be some attractive rental yields available today? Like some areas of England, have some parts of Wales been left behind?
     
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