Leeds & Wakefield Property Market Remains Buoyant

4th June 2007

Marketing Director David Pank looks at the trends… 

I suppose at some point in the distant future the “doom & gloomers” in the national media who seem to positively revel in predictions of property downturns will be able to declare: “Told you so!”

Here in Leeds and Wakefield, however, we don’t expect that to happen any time soon - despite the Bank of England’s best efforts to dampen buyers’ enthusiasm and sellers’ expectations with interest rate rises.

Huge increase in property valuations

Leeds and Wakefield cannot be treated as part of a national statistic as we have said before - they are booming, vibrant and thriving economies proven by no fewer than people from 61 countries viewing our website and making plans to move here and buy or rent.

Some downturn!

Pudsey, Morley and Guiseley are all performing particularly well and our Horsforth branch has a 40% sales increase over the same period last year. Over the group we saw a huge increase in the number of properties valued, when compared to January 2006, and our new website www.manningstainton.co.uk received over 4000 unique visitors viewing and/or downloading property details on the last day of the month alone.

Now that’s a vibrant market!