The UK Property Market - How is your Region Recovering?

Posted by Matt Hawkins on Jul 30, 2020 9:30:37 AM
Matt Hawkins

At TwentyCi, we’ve continued to see growth in the UK Housing market in the past week – with more New Instructions and Sales being agreed compared to the same weeks in 2019. But with the numbers of properties on the market rising, and the number of sales being agreed rising week on week, is your business ready for the consumers when they will need your services?

Now, the rental market across the UK is slightly different in that numbers are currently declining. Though we can see that the same thing happened in the same weeks of 2019. So it looks as though the Rental market seasonality is still holding strong in 2020. We can also see in the below graphs that both new properties to the rental market and let agreed properties are still operating at higher levels to 2019.

But how has the market been in your local area? Well I’ve taken a look regionally at the numbers of properties coming on to the market as a New Instruction and also the number of sales being agreed since the beginning of March 2020 compared to the same time frame in 2019. How does your local area look?

East Midlands

East of England

 London

 North East

 North West

 Northern Ireland

Scotland

 South East

 South West

 Wales

 West Midlands

 Yorkshire

As we can see, all regions of the UK are now operating at higher levels of new properties coming up For Sale and sales being agreed week on week compared to the same weeks of 2019. Understandably in Wales, Northern Ireland and Scotland, the markets all recovered at a later date to England due to not opening up at the same time as England. Though even these markets have now exceeded their 2019 levels since re-opening.

The market is strong and there is a lot of demand for properties from both buyers and renters. Make sure that you are marketing to the right people at the right time using our home mover data – MoverAlerts. TwentyCi are specialists Home Mover marketing, supplying our expertise to a number of different sectors. For more tips and advice how MoverAlerts can enhance your business – call 01908 829300 and ask for the MoverAlerts Team or go to get in touch here - https://moveralerts.co.uk/contact

Topics: Market Analysis, Data, Home Movers, MoverAlerts, Marketing

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