Welcome to the latest edition of the TwentyCi Property & Homemover Report, providing a comprehensive review of the UK property market, created from the most robust residential research and property change sources available.
Our report provides a real-time review of the UK housing market in Q2 2022, covering 99.6% of all sale and rental moves. This property market analysis and state of the nation report provides unique insight into the people behind the numbers, creating a picture of the demographic, regional and socio-economic factors impacting the UK housing market, including:
- Factual data (not modelled or sentiment-based)
- Full market coverage
- Demographic overlay
- Property sales data
- Property rental data
UK Property Research Headlines – Q2 2022:
- Sales Agreed
Q1 saw 358k sales agreed which is nearly 10% greater than Q2 2019.
- Mitigating the Retail Recession
The inevitability of a retail recession is palpable with a slew of negative trading updates. However, with over 1.4 million households having moved in the past 12 months and another 1.2 million forecast to move in the next 12 months, home movers offer a significant lifeline of expenditure as new owners transform their new homes.
- The Lack of Property Stock
Property stock levels are slowly rising but the available months of stock as still down by almost half on historical norms.
- Hybrid/Online Agents
Their market share now stands at 7.4%.
- Asking Price
The average asking price has increased by nearly 20% since 2019.