HOUSING REPORT: Despite recent murmurings of an impending slowdown in the property market, figures our agents reported for May appear to show the buoyant market continues. Perhaps as a result, lengthy waiting times from offer to exchange remain.
Research reveals the full extent of landlords’ exit from the PRS (private rented sector) indicating the rate at which the sector is shrinking.
PRS REPORT: Rents are rising across the UK. Despite this, we continue to see high demand from prospective tenants. An average of 95 new applicants were registered per member branch, an increase from 78 per branch recorded in February.
HOUSING REPORT: Despite the cost-of-living crisis, inflation, and rising interest rates, the public remain convinced that now is a good time to buy. Properties currently being brought onto the market are 115 per cent more likely to sell than they were in the month of April from 2012–2021.
PRS REPORT: Data collected from our members continues to indicate signs of ongoing disparity in supply and demand with tenants remaining in their properties for longer periods of time.
HOUSING REPORT: Although agents’ stock is still historically low, more new properties are coming to the market bringing with them new buyers and a lift in sales being agreed.
PRS REPORT: In February, Propertymark members reported that an average branch had just five properties available to rent in February, which continues the downward trend that our data shows started to fall in March 2021.
HOUSING REPORT: The average number of properties listed per member agent branch has risen — from 19 in January to 23 in February, the highest it’s been for five months.
PRS REPORT: Data collected from Propertymark’s members in January has shown that while the highest overall figure of new applicant registrations in Wales is averaging at 313 per member branch, a worrying number of landlords seem to be exiting the sector.
HOUSING MARKET REPORT: Propertymark members have recorded a sharp rise in homes coming onto the market with the average number of new instructions per member branch rising from five in December to nine for January.
In our latest analytical look at the housing market, we review 2021 trends, property supply and sales using member data and statistics. The year began with an average availability of 38 homes for sale per branch. This dramatically decreased over the course of the year.
PRS REPORT: Propertymark agents’ data shows the availability of rental stock in London has fallen by 71 per cent in 12 months.
HOUSING MARKET REPORT: The average number of house hunters registered per member branch was the highest December on record at 461, with the average supply of properties continuing to fall to an average of just 19, 42 per cent less than in December 2020.
A new report, published by the Royal Institute of British Architects (RIBA), in partnership with Architects Declare, has called on the built environment sector to drastically reduce its carbon emissions to work towards the UK Government’s Net Zero: Build Back Greener Strategy.
HOUSING MARKET REPORT: The number of buyers registered per Propertymark member branch has increased by 12 per cent from October and the supply of properties continues to fall to just 20 homes per branch – the lowest ever recorded and 50 per cent less than November 2020.
PRS REPORT: The average number of new prospective tenants was the highest on record for the month of November with 82 per Propertymark member branch. It's a significant rise from October's figure of 71.