Blog Post

26% increase in buyer demand since the start of 2021

TomS - Head Tom Simper Jun 10, 2021, 14:30 PM
211_Dataloft_inform_Insight

Housing market momentum has been maintained following the original stamp duty deadline in March 2021. The Dataloft Demand Index shows a 26% increase in housing market demand since the start of 2021.

An estimated 117,860 transactions completed in April 2021, 21% higher than the April 2014 to 2019 average. 86,921 mortgages were approved in April, 30% higher than April 2014 to 2019.

According to Zoopla, the number of homes for sale is down -21% (YTD vs 2020 average), causing an imbalance between supply and demand.

The imbalance is putting upward pressure on prices, with a 10.9% annual increase reported in May, the highest level since August 2014. Source: Dataloft Demand Index, HMRC, Bank of England, Zoopla and Nationwide.

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

"Outstanding service delivered"

- Godfred

"All agents I spoke with were polite and took time to explain all their processes."

- Nanayaa

"I highly recommend their services to anyone in search of a reliable and customer-oriented agency."

- Spyros

"Great advice and support, would 100% use in the future."

- Andrew

"I recently rented a house through Peter Anthony Estate Agents & Letting Agents, and I couldn't be happier with the experience"

- Yan Yan Joe Szeto

"Renting my first property I was guided by Yaseen who was extremely helpful throughout the process."

- Aidan Barrigan

"Really lovely people, and they made finding a place to live a"

- nathalie Van Zijl

"Yaseen was exceptional!"

- Mayne Oliviera