Hemnet’s Year in Review 2022: From a hot to a more cautious housing market
A growing concern over increasing interest rates and cost of living have cooled down the housing market during 2022. The amount of listings on Hemnet have decreased marginally compared to 2021, and coupled with a decrease in the number of sales, this has resulted in a record-high housing supply. However, there are signs of a more hopeful market, as a relatively high percentage of Hemnet’s visitors believe that property prices will turn positive or stabilize in the near future."If we summarize 2022, we conclude an exceptional year for the housing market with clear contrasts. In the first