Sales Head Up While Sales Time Head Down

Posted on: 19 November 2020

Sales head up while sales time head down

Demand levels and sales activity remain bouyant in the UK housing market. Rightmove report agreed sales were up 50% in October, with properties selling (sold SSTC), in just 49 days, 15 days faster than a year ago. Buyer demand across England was 49% higher year-on-year during the first six days of Lockdown 2. The market is currently strongest in the higher price brackets. Year-on-year has been a 106% uplift in sales priced £400,000–£500,000 compared to just 16% for those priced £100,000–£200,000 Activity levels are also higher in the regions where average property prices are the highest, buyers set to make bigger stamp duty savings in these locations. S

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