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 64% above 5 year average
Overall demand has slowed ever so slightly this week but still remains a very high 64% above average.
Sales inventory 20% below 5 year average
The sales inventory is continuing to stay very low compared to the 5 year average but is slowing climbing month on month.
New sales agreed 30% above 5 year average
New sales agreed has made a strong recovery from the large dip that took place in April. The levels are now up to 30% above the 5 year average.
Traditional Lettings
Lettings Market
Lettings applicant demand 39% above 2021 levels
Lettings applications continue to grow in mass and jump up another 10% in the last 30 days compared to 2021 .
Rental applicant remains high
Rental applicant remains high across the UK with the greatest demand coming from Scotland.
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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