Weekly Housing Report – 18/07/22
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 down from last week and month-on-month
Demand has decreased by a modest 3% from last week, along with month-on-month being down by 13%.
Sales Inventory in-line with 2021 figures
Great to see the increase of sales inventory continue to drive upwards of 1% from last week, bringing the month-on-month average up a fantastic 6%.
New inventory flow down 4% week-on-week and 9% month-on-month
Decrease of 4% from last week in flow of new inventory, bringing the month-on-month average down by 9%.
Traditional Lettings
New agreed sales steady with last week and down 4% month-on-month
Slight drop from last week, however we’re now at a strong 16% high from the 5 year average.
Fall through levels consistent with last week and down 0.1% monthly
Brilliant fall through levels remaining consistent with last week and the overall month down by 0.1%.
Asking price reductions remain steady
Consistent asking price reductions compared to last week, with a positive 0.4% monthly increase.
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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