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

"Very helpful and proper guidance on time"

- Shine Xavier

"Peter Anthony's Liverpool branch deserves the highest rating"

- Daniel

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

- Phoebe

"Yaseen has been fantastic very helpful and good communication all the way through"

- Kate Dawson

"Yaseen was a truly amazing agent."

- Yasuhira Nomura

"Very polite and helpful"

- Daniel

"Letting through Peter Anthony has been a great experience"

- Gus Beech

"Gabriel was very friendly"

- Ash