Blog Post

Three signs we are on the road to recovery

TomS - Head Tom Simper Aug 14, 2020, 10:30 AM
185-Dataloft-Road_to_recovery-01

Transactions have increased, mortgage approvals are up and house price growth looks strong. With the stamp duty holiday creating increased demand, we expect this positive trend to continue.


Nationwide house price index showed an annual increase of 1.5% in July. This follows some cautious June figures, -0.1% annual increase.

40,010 mortgages were approved in June. That’s 331% more than May, the lowest ever recorded, 9,273, but we are not back to normal yet as June approvals were -39.4% below last year.


HMRC estimate 63,250 transactions to have completed in June, a 31.7% increase since May. There is still some way to go – sales remain -35.9% lower than June 2019. Source: Dataloft, HMRC, Bank of England, Nationwide

Load more comments
Thank you for the comment! Your comment must be approved first
comment-avatar

"Had a great experience with Peter Anthony Salford branch, in particular Vicky"

- Holly

"The service provided by Vicky and team at Peter Anthony was impressive"

- Don

"Great job for all, however special thank's goes for Vicky"

- Julius

"We’re really happy with the service we received from the team at Peter Anthony."

- Laura

"Helpful and professional estate agents."

- Kamlesh

"Very responsive and helpful through out the process"

- Saleem

"Quick, kind, respectful"

- Jan

"They are a great combination of professional, competent and friendly - I would recommend!"

- Don