Park dwelling sector enjoys 15% annual enhance in market measurement

The most recent figures from park dwelling promoting specialists Quickmove Properties, present that 1,800 model new park houses reached the market in 2022 because the sector continues its outstanding post-pandemic restoration.

Quickmove Properties analysed the variety of new park dwelling dispatches to residential parks annually since 2012.

The numbers present that market provide stuttered as a result of pandemic, similar to the remainder of the property sector, with numbers falling by -25.7% in 2020 when simply 1,300 new park houses have been delivered.

However, in 2021, the sector proved able to a fast rebound by delivering 1,570 new park houses, an annual enhance of 20.8%.

And the sector has gone from power to power by growing deliveries by an extra 14.6% in 2022 with 1,800 new park houses over 12 months.

Gross sales Director at Quickmove Properties, Mark O’Dwyer mentioned, “It’s nice to see the park dwelling sector going from power to power for the reason that pandemic. The irony is that whereas COVID-19 could have initially hindered park dwelling manufacturing, it has little doubt gone on to assist bolster the sector within the years since.

That is largely as a result of trendy residential parks provide an incredible sense of neighborhood, safety, and, typically, a life-style faraway from busy city centres. For a lot of, these necessary elements of life have been stripped from them through the extended interval of lockdown restrictions and this has little doubt bolstered the enchantment of indifferent bungalow-style park houses, that are socially-distanced by design!

Park houses additionally provide nice monetary freedom as a result of fairness launched by means of a bricks and mortar sale and this monetary stability has additionally change into of nice significance in current instances on account of the price of residing disaster.

So whereas the bricks and mortar market could also be beginning to battle, we totally count on the robust efficiency of the park dwelling sector to proceed into the long run as demand for reasonably priced downsizing choices continues to soar.”