Welcome to the Flambard Williams weekly housing report blog. Please find the latest information direct from Zoopla and see what is currently happening in the UK property market.
Sales applicant demand in line with last week and 4% up month-on-month
Overall, demand is the same as last week, with a positive 4% increase month-on-month.
Sales inventory 1% up week-on-week and 7% month-on-month
An increase of 1% this week, bringing the month-on-month sales inventory increase up by a strong 7%.
Flow of new inventory down 3% week-on-week and 35% up month-on-month (Jubilee weekend)
3% week-on-week decrease in flow of new inventory, and a great increase of 35% month-on-month following the Jubilee weekend.
Traditional Lettings
Lettings Market
New sales agreed up in line with previous week and 28% up month-on-month (Jubilee weekend)
Overall, demand is the same as last week, with month-on-month up greatly by 28% following the Jubilee weekend.
Fall throughs in line with previous week and last month
Great to see the continued halt of movement on fall throughs from previous week and last month
Asking price reductions down 0.1 percentage point week-on-week and 0.9 percentage point higher than a month ago
Ever so slight decrease of 0.1% on asking price reductions this week, bringing the monthly increase up to 0.9%.
We hope you enjoyed this weeks Flambard Williams weekly housing report. For more property investment news you can find blogs HERE or you can alternatively watch our very valuable content over on our YouTube channel.
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