Property Market Update: Spring Surge and What’s Next for May 2025
As April 2025 wraps up, the team at Innovate Estate Agents is excited to share the latest insights on the property market across Sandwell, Dudley, Birmingham, and Wolverhampton.
Spring has brought a noticeable uplift in the property market. With interest rates holding steady from the Bank of England’s cautious stance, buyer confidence is blooming. Mortgage rates remain competitive, encouraging first-time buyers and families to take the plunge. We’re seeing a spike in demand for two- and three-bedroom homes, perfect for growing families or those seeking a bit more space.
Property prices are showing gentle growth, reflecting the increased activity. The rental market continues to thrive, with strong demand keeping landlords optimistic about buy-to-let investments. However, some buyers are still navigating affordability hurdles, so our team is working hard to match clients with the right properties and financing options.
Looking ahead to May, we anticipate the market’s momentum to carry forward, especially with the warmer months typically sparking more moves. Considering selling or curious about your property’s value? Contact us for a free valuation or give us a call at 0121 544 4554.
Stay tuned for more updates as we roll into May!
Innovate Estate Agents, 18 Birmingham Street, Oldbury, B69 4DS | Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
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