2024 has started strongly and many worries that investors had about the market are fading into the distance as house prices increase, mortgage rates fall and confidence in the market grows.This is the ideal time to take a step back, assess the market and take a fresh look at property as you plan for the years ahead.

Read on to learn about the top three trends for property investors in 2024, and pick up some property investment tips along the way… House price growth positive in the medium- and long-term The big story for those investing in property in 2024 is that house prices have recovered from the slight dip in 2023 and are now rising again.

This follows wider economic challenges which affected the housing market along with everything else.Demand is rising and that has led to house prices growing once more. Positivity has returned to the market and investors can benefit.

Tom Bill, head of UK residential research at Knight Frank commented: “It has been a sluggish two years for the UK housing market as interest rates returned to normality but August may prove to be a turning point. The first rate cut in more than four years and lower-than-expected inflation numbers should boost demand this autumn and we expect average prices to rise by 3% in 2024.”Nathan Emerson CEO at Propertymark, agrees, saying: “It is positive to witness further growth within the housing market despite some of the uncertainties consumers have faced this year.

Across the coming months, we should start to see a greater level of affordability and confidence return, as the rate of inflation remains within the initially targeted range and with interest rates now taking their first steps to a controlled pathway downwards.