Blog Post

Highest level of sales in January in 14 years

TomS - Head Tom Simper Mar 6, 2021, 12:00 PM
197_Dataloft_inform_Insight

An estimated 121,640 transactions completed in January, the highest January total since 2007 and a 24.1% increase on 2020, as the surge in property sales continues.

Excluding 2020, current monthly sales volumes are 21% above the 5-year and 32% above the 10-year average, with predictions that up to 1.3 million sales may complete this year.

With many fearing a cliff edge, the Chancellor looks set to announce in the 3 March budget an extension to the Stamp Duty Holiday to the end of June.

Rightmove estimates up to 100,000 buyers could miss the current 31 March deadline, although research suggests 7 in 8 buyers would still continue with their purchase. Source: Dataloft, HMRC

Leave a comment
Newest on top Oldest on top
Load more comments
Thank you for the comment! Your comment must be approved first
comment-avatar

"There very helpful and the service and stuff are great"

- Danielle

"It was super easy to schedule a viewing with Abbey"

- Pamela

"Excellent and very polite"

- Wellington

"Gill & team demonstrated the highest level of professionalism"

- Syed

"I honestly can’t sing the praises of the Liverpool branch any higher"

- Phoebe

"Wouldn't hesitate in recommending Peter Anthony for any of my requirements when it comes to a home"

- Craig

"Sean is a really pleasant courteous gentleman to deal with too"

- John

"I would highly recommend Gill and the team"

- Isabelle