{"id":11856,"date":"2025-04-14T12:20:24","date_gmt":"2025-04-14T11:20:24","guid":{"rendered":"https:\/\/www.craneandco.co.uk\/pages\/?p=11856"},"modified":"2025-04-14T12:29:47","modified_gmt":"2025-04-14T11:29:47","slug":"what-does-the-rise-in-office-working-mean-for-the-housing-market","status":"publish","type":"post","link":"https:\/\/www.craneandco.co.uk\/pages\/what-does-the-rise-in-office-working-mean-for-the-housing-market\/","title":{"rendered":"What Does the Rise in Office Working Mean for the Housing Market?"},"content":{"rendered":"

Many firms are pushing to get workers back to the office full-time. What will this mean for the property market?<\/strong><\/span><\/h3>\n

Five years ago, a major shift in the property market was getting started.<\/p>\n

Many people, forced to work from home (WFH) due to the pandemic, decided they wanted more living and garden space.<\/p>\n

As a result, demand for larger, detached properties, often outside major cities, surged.<\/p>\n

At the time, many thought this \u201crace for space\u201d was a permanent reshaping of the housing market.<\/p>\n

But now, with many bosses declaring war on WFH, some say change is afoot.<\/p>\n

If this is the case, what does it mean for the housing market?<\/p>\n

The back-to-the-office push<\/strong><\/span><\/h3>\n

Major firms, such as Amazon, Barclays and JP Morgan, have made headlines recently by ordering their corporate staff back to the office five days a week.<\/p>\n

At the same time, a report by Savills states that the take-up of commercial space in the nation\u2019s six big regional office markets is at its highest since 2019.<\/p>\n

A more nuanced picture<\/span><\/h3>\n

However, a study by Forbes found that 13% of people still WFH exclusively, while 27% mix home and office working.<\/p>\n

And while some firms have talked tough on returning to the office, the recruiters Hays have warned that bosses risk losing top talent if they\u2019re too inflexible.<\/p>\n

Hays says many workers are resisting a full return to the office, citing the cost of commuting and loss of work\/life balance.<\/p>\n

Housing priorities<\/strong><\/span><\/h3>\n

Looking at homebuyers\u2019 housing priorities, there has been a modest shift in recent years.<\/p>\n

Research by Market Financial Solutions found that in 2019, square footage was the top priority (with 90% of respondents saying it was important or very important).<\/p>\n

Last year, square footage ranked seventh at 72%.<\/p>\n

But some things haven\u2019t changed. For example, the desire for a garden or outdoor space came in at number two in 2019 and 2024.<\/p>\n

Meanwhile, broadband connectivity, off-street parking and the quality and finish of the property have remained top ten priorities over the five-year period.<\/p>\n

What does all this mean for sellers?<\/strong><\/span><\/h3>\n

While the pandemic brought about a sudden change, trends usually evolve over time.<\/p>\n

The important thing for sellers is to understand their property’s key features and market their home in the very best light.<\/p>\n

When it comes to targeting specific buyers, it\u2019s best to discuss this with your estate agent.<\/p>\n

They understand the complexities of the local market and can fine-tune your marketing campaign accordingly.<\/p>\n

If you\u2019re looking to put your home on the market, contact us today for a free valuation.<\/strong><\/span><\/h3>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

Many firms are pushing to get workers back to the office full-time. What will this mean for the property market? Five years ago, a major shift in the property market was getting started. Many people, forced to work from home (WFH) due to the pandemic, decided they wanted more living and garden space. As a […]<\/p>\n","protected":false},"author":3,"featured_media":11857,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"content-type":"","_themeisle_gutenberg_block_has_review":false,"footnotes":""},"categories":[12],"tags":[8,25],"class_list":["post-11856","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-news","tag-advice","tag-jerry"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.craneandco.co.uk\/pages\/wp-json\/wp\/v2\/posts\/11856","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.craneandco.co.uk\/pages\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.craneandco.co.uk\/pages\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.craneandco.co.uk\/pages\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.craneandco.co.uk\/pages\/wp-json\/wp\/v2\/comments?post=11856"}],"version-history":[{"count":1,"href":"https:\/\/www.craneandco.co.uk\/pages\/wp-json\/wp\/v2\/posts\/11856\/revisions"}],"predecessor-version":[{"id":11858,"href":"https:\/\/www.craneandco.co.uk\/pages\/wp-json\/wp\/v2\/posts\/11856\/revisions\/11858"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.craneandco.co.uk\/pages\/wp-json\/wp\/v2\/media\/11857"}],"wp:attachment":[{"href":"https:\/\/www.craneandco.co.uk\/pages\/wp-json\/wp\/v2\/media?parent=11856"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.craneandco.co.uk\/pages\/wp-json\/wp\/v2\/categories?post=11856"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.craneandco.co.uk\/pages\/wp-json\/wp\/v2\/tags?post=11856"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}