From auctions providing buyers with opportunities to purchase homes at competitive prices below market value, to co-living arrangements offering social benefits traditional housing may not provide, there are many options available for those interested in buying or selling property this year. Additionally, desirable areas will continue to increase in value while second-home purchases become increasingly popular among potential buyers. By understanding the top property buying trends for 2023, you will be better equipped to make an informed decision when it comes to crafting sales and marketing strategies for the year ahead.  

At Pixel, we understand that as a new build property developer, staying informed of the most current trends and developments is essential to your success. To remain competitive in this market, it is worth keeping an eye on what is up-and-coming in development strategies.  

Read on for more information about the top property buying trends tipped for 2023: 

More people will invest in property abroad 

As the global economy continues to recover from the effects of the pandemic, more people are looking for ways to diversify their investments. One of the most popular options is investing in property abroad. This type of investment can offer a number of benefits, including potential tax savings, increased diversity, and access to markets with higher growth potential than domestic markets. Additionally, buying property abroad allows investors to benefit from currency fluctuations and local market conditions that may not be available in their home country. With these factors in mind, it is no wonder more people are choosing to invest in property abroad this year.  

The popularity of micro-apartments will continue to grow 

The trend of micro-apartments is becoming increasingly popular in the modern world. This type of living space offers a more affordable option for those who wish to live in an urban area without sacrificing quality or convenience. Micro-apartments are typically smaller than traditional apartments, offering fewer amenities and features while still providing all the basics needed for comfortable living. These types of dwellings can be great investments as they often appreciate faster than larger units due to their limited availability and demand from renters. 

More people will purchase properties through auctions

Buying a property through an auction is becoming increasingly popular as more people look for an efficient and cost-effective way to purchase their dream home. Auctions provide buyers with the opportunity to bid on properties at competitive prices, often below market value, allowing them to save money in the process. Additionally, auctions can be completed quickly and efficiently compared to traditional real estate transactions, making them attractive options for those who want a quick and effortless process. 2023 is set to be the year of property purchase by unconventional methods – a trend which looks likely to grow.
 

Community living and shared living arrangements (i.e., co-living) will become more popular

Co-living is gaining traction today, providing an ideal living space for those who value the community and collaboration of shared resources. Community living involves sharing a home with other people and can be a great solution for those looking to save money while still enjoying the convenience of having access to amenities such as communal kitchens, living rooms and outdoor spaces. Additionally, co-living offers social benefits that traditional housing may not provide due to its communal nature which encourages interactions between residents. With all these benefits combined, it is no surprise that more people are opting for this type of arrangement in the year ahead.  

Properties in desirable areas will continue to increase in value 

As the demand for properties in desirable areas continues to increase, so too does their value. With a limited supply of homes on the market and an ever-growing list of potential buyers, those looking to buy or sell property in desirable locations can expect to see an increase in prices over the coming year. This trend is especially true for areas with strong economies, excellent job prospects and excellent amenities such as schools, parks, and recreation facilities – all factors that make them attractive destinations for both homebuyers and investors alike. With the shift in affordability and buyer priorities, demand for desirable properties is growing exponentially. Location has become a major factor affecting purchase decisions – making these prime spots highly sought after.

Green building practices will continue to grow in popularity 

As environmental awareness continues to increase, green building practices are becoming more popular than ever. Green buildings use sustainable materials and energy-efficient designs, reducing their impact on the environment while also providing a healthier living space for those who inhabit them. Furthermore, they are often eligible for tax credits and other incentives that can make them cheaper in the long run. With all these benefits combined, it is no surprise that green building practices are expected to continue growing in popularity throughout 2023.
 

New build homes will become more popular 

The demand for new build homes is expected to increase significantly in 2023. With the market recovering from the pandemic and more people looking for a fresh start, there has never been a better time to purchase or build a brand-new home. New builds offer an array of benefits that cannot be found with existing properties, such as modern designs and energy-efficient features that help reduce utility bills. Additionally, they typically come with warranties which provide peace of mind when it comes to potential repairs or maintenance down the line. With all these advantages combined, it is no surprise that new builds are becoming an increasingly popular choice in the coming year.
 

First buyers and chain-free buyers will continue to have an advantage 

Amidst a post-pandemic return to the property market, competition is heating up as investors and homeowners alike look for that perfect place of their own. Now more than ever it is critical to make sure you remain agile enough in your search process to seize those desirable opportunities! First-time buyers and chain-free buyers can act quickly on properties with fewer obstacles standing in their way, providing them with a competitive edge when it comes to securing desirable properties. Furthermore, they may also qualify for incentives such as tax credits which can help offset some of the costs associated with purchasing a home. As such, these types of buyers should be well-positioned to take advantage of any opportunities that arise throughout 2023. 

From auctions providing buyers with opportunities to purchase homes at competitive prices below market value, to co-living arrangements offering social benefits traditional housing may not provide, there are many options available for those interested in buying or selling property this year. Additionally, desirable areas will continue to increase in value while second-home purchases become increasingly popular among potential buyers. By understanding the top property buying trends for 2023, you will be better equipped to make an informed decision when it comes to crafting sales and marketing strategies for the year ahead.  

At Pixel, we understand that as a new build property developer, staying informed of the most current trends and developments is essential to your success. To remain competitive in this market, it is worth keeping an eye on what is up-and-coming in development strategies.  

Read on for more information about the top property buying trends tipped for 2023: 

More people will invest in property abroad 

As the global economy continues to recover from the effects of the pandemic, more people are looking for ways to diversify their investments. One of the most popular options is investing in property abroad. This type of investment can offer a number of benefits, including potential tax savings, increased diversity, and access to markets with higher growth potential than domestic markets. Additionally, buying property abroad allows investors to benefit from currency fluctuations and local market conditions that may not be available in their home country. With these factors in mind, it is no wonder more people are choosing to invest in property abroad this year.  

The popularity of micro-apartments will continue to grow 

The trend of micro-apartments is becoming increasingly popular in the modern world. This type of living space offers a more affordable option for those who wish to live in an urban area without sacrificing quality or convenience. Micro-apartments are typically smaller than traditional apartments, offering fewer amenities and features while still providing all the basics needed for comfortable living. These types of dwellings can be great investments as they often appreciate faster than larger units due to their limited availability and demand from renters. 

More people will purchase properties through auctions

Buying a property through an auction is becoming increasingly popular as more people look for an efficient and cost-effective way to purchase their dream home. Auctions provide buyers with the opportunity to bid on properties at competitive prices, often below market value, allowing them to save money in the process. Additionally, auctions can be completed quickly and efficiently compared to traditional real estate transactions, making them attractive options for those who want a quick and effortless process. 2023 is set to be the year of property purchase by unconventional methods – a trend which looks likely to grow.
 

Community living and shared living arrangements (i.e., co-living) will become more popular

Co-living is gaining traction today, providing an ideal living space for those who value the community and collaboration of shared resources. Community living involves sharing a home with other people and can be a great solution for those looking to save money while still enjoying the convenience of having access to amenities such as communal kitchens, living rooms and outdoor spaces. Additionally, co-living offers social benefits that traditional housing may not provide due to its communal nature which encourages interactions between residents. With all these benefits combined, it is no surprise that more people are opting for this type of arrangement in the year ahead.  

Properties in desirable areas will continue to increase in value 

As the demand for properties in desirable areas continues to increase, so too does their value. With a limited supply of homes on the market and an ever-growing list of potential buyers, those looking to buy or sell property in desirable locations can expect to see an increase in prices over the coming year. This trend is especially true for areas with strong economies, excellent job prospects and excellent amenities such as schools, parks, and recreation facilities – all factors that make them attractive destinations for both homebuyers and investors alike. With the shift in affordability and buyer priorities, demand for desirable properties is growing exponentially. Location has become a major factor affecting purchase decisions – making these prime spots highly sought after.

Green building practices will continue to grow in popularity 

As environmental awareness continues to increase, green building practices are becoming more popular than ever. Green buildings use sustainable materials and energy-efficient designs, reducing their impact on the environment while also providing a healthier living space for those who inhabit them. Furthermore, they are often eligible for tax credits and other incentives that can make them cheaper in the long run. With all these benefits combined, it is no surprise that green building practices are expected to continue growing in popularity throughout 2023.
 

New build homes will become more popular 

The demand for new build homes is expected to increase significantly in 2023. With the market recovering from the pandemic and more people looking for a fresh start, there has never been a better time to purchase or build a brand-new home. New builds offer an array of benefits that cannot be found with existing properties, such as modern designs and energy-efficient features that help reduce utility bills. Additionally, they typically come with warranties which provide peace of mind when it comes to potential repairs or maintenance down the line. With all these advantages combined, it is no surprise that new builds are becoming an increasingly popular choice in the coming year.
 

First buyers and chain-free buyers will continue to have an advantage 

Amidst a post-pandemic return to the property market, competition is heating up as investors and homeowners alike look for that perfect place of their own. Now more than ever it is critical to make sure you remain agile enough in your search process to seize those desirable opportunities! First-time buyers and chain-free buyers can act quickly on properties with fewer obstacles standing in their way, providing them with a competitive edge when it comes to securing desirable properties. Furthermore, they may also qualify for incentives such as tax credits which can help offset some of the costs associated with purchasing a home. As such, these types of buyers should be well-positioned to take advantage of any opportunities that arise throughout 2023.