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.

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

"The staff at Peter Anthony could not have been more helpful. The team are well led by Gill."

- Steve

"I found Sean to be an understanding and friendly guy"

- Mike

"Very helpful and proper guidance on time"

- Shine Xavier

"Dewi kept us up to date & was very understanding of my Mum's situation. I would highly recommend selling with this company."

- Jane

"Helpful, cheerful and thorough throughout the whole process"

- Jay

"I had a viewing with Abbey, so lovely and friendly"

- Amy

"Yaseen was a truly amazing agent."

- Yasuhira Nomura

"I deeply appreciate Peter Anthony Estate, especially Abbey, who works here."

- Delar