Letting Agent Podcast

UK Property Market Thrives Despite General Election In this week’s ‘UK Property Market Stats Show’ on YouTube for week ending Sunday, 9th June 2024, with Rob Smith (boss of Hunters & Whitegates), the headlines are as follows .. · House prices achieved in June are 6.34% higher than Jan 2024 · Listings - 23% higher than last week (as predicted because of the Bank Holiday weekend rebound) at 36k UK listings. YTD 9.1% higher than 2023 and 8% higher YTD than 2017/18/19 · Total Gross Sales - 26,893 (24,712 same week in 2023). YTD Gross sales are 10.1% higher than 2023 YTD levels and 6% higher than 2017/18/19 levels. · Net Sales - 20,575, 14.7% higher from last week’s figure (again, because of the Bank Holiday) and 6% higher than than the last 7 year average (2017 to 2023 inclusive). · Sale fall-throughs remain steady at just over 1 in 5 sales. Chris’s In-Depth Analysis (Week 23) : * New Properties to Market: The UK saw 38,114 new listings. This year's YTD listings stand at 814,838, 12.5% higher than the