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Homes changing hands increase
Posted on 26/01/21
- An estimated 1,041,610 residential sales completed in 2020. In spring the housing market paused for several weeks and despite this, sales were only down -11% on 2019.
- 129,400 homes changed hands in December 2020, 32% higher than December 2019 and a monthly increase of 13%.
- According to Rightmove, there were 10% more sales agreed in 2020 than in 2019. Zoopla reported a 9% annual increase in sales agreed.
- Transactions will continue to remain higher than normal as sales agreed in 2020 continue to exchange over the next couple of months. Source: Dataloft, HMRC, seasonally adjusted transaction figures.