MoverAlerts Property & Homemover Report - Q3 2024

Welcome to the MoverAlerts Property & Homemover Report. This publication identifies the key events and trends in the residential property market for Q3 2024 and the potential impact on your business.

Key points of interest:

• Sales Agreed are up by 23.4% compared to Q3 2023 and are higher than in 2019.
• The supply of New Instructions is up by 8.8% compared to Q3 2023 and at 457K for the quarter.
• Exchanges are up by 10.9% compared to Q3 2023
• Withdrawn volumes are in line with “normal” market levels
• The average asking price of residential properties for sale across the UK was 0.4% higher than Q3 2023

“With improved lending conditions and core inflation easing, creating opportunities for additional cuts in the Bank Base Rate, we anticipate the market will remain strong in the foreseeable future.” 

-Matt Hawkins, Head of SME Data Sales, MoverAlerts