How long do we stay in our homes?
27th November 2023
People move more often than they expect to, one of the findings revealed in the recently-released Property Academy Home Moving Trends Survey.
While just 23% of home movers expect to move within the next six years, the reality is that one third are likely to. This rises to 43% of first-time buyers anticipating they will stay six years or less, with just 37% staying this long in reality.
31% anticipate their new property will be their ‘forever home’, while only 28% actually ended up staying over 20 years.
The primary reason cited for selling a property was downsizing (18%), followed by upsizing (16%) and a change of scenery/ lifestyle (15%).
Source: #Dataloft, Property Academy Home Moving Trends Survey 2023.
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