The Average UK home is £50k cheaper today than 2022 – and people’s wages have gone up too! Let me explain: 📉 Headline House prices have barely moved – up just 3% since 2022 (£260,800 in Q1 ‘2022 to £268,500 in Q4 2024) 📊 Yet Inflation-adjusted house prices are down 15.64% – (the 2022 house price figure of £260,800, in today’s money, is £318,300) meaning the average UK home is effectively just under £50,000 cheaper in real terms. 💰 In this time, Real wages (wages after inflation) have risen 4.8%, meaning buyers now have more spending power. This creates a rare opportunity for home movers and first-time buyers. If your buyers have been holding off because of high interest rates, consider this: ✅ The home they want to buy is effectively on sale. ✅ Interest rates are slowly coming down. ✅ Their income (in real terms) is higher than before. ✅ More homes on the market = more choice and negotiating power. Good news don’t you think? Chris PS All the raw data is from the Nationwide Building...