What does 'Property Cycle' mean when buying a property?
Find out what Property Cycle means when you are buying a property. 'What does Property Cycle mean?' plus over 150 other property related terms and jargon in plain English
There are two types of property cycle - the long term one and the annual one.
The Long Term Property Cycle refers to the way property prices rise over a number of years before falling back, usually as the economy goes into recession. Historical patterns suggest this cycle is about eighteen years long and follows the boom-bust cycle of the overall business sector and economy.
The Annual Property Cycle refers to the way property prices move up and down throughout any given year. Prices are generally higher during the Spring and Autumn and lower during the Summer and Winter reflecting buyer activity in the market.
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