After continuous house price hikes that came from high demand after the coronavirus pandemic, we are now hearing that property prices are finally falling across the UK.
Recent figures from Nationwide and Halifax have shown consistent falls in average house prices over the last five months which is great news for first-time buyers, but not-so-great for sellers.
However it appears that despite the property market cooling elsewhere, Greater Manchester isn't showing any signs of slowing down. Using data from the HM Land Registry, we have looked at what the average price of a home was back in October 2022 compared to February 2023, and found that prices are continuing to soar.