Main image: Number of house hunters per branch
Property demand ‘nears a seven-year low’ as ‘buyers approach the market with caution’
There was an average of 252 would-be buyers registered per estate agency branch in February, according to the NAEA. That's 18% fewer than a year ago, and 46% fewer than in 2016.
Property demand has fallen to a six-year low – NAEA
Estate agency branches have fewer properties available to buy compared to last year, and buyer numbers have dropped to their lowest March level since 2013
Buyer demand bounced back immediately as the property market reopened
Rightmove points to some big potential changes in the post-pandemic property market, as many people "re-appraise their housing needs".
‘There is definitely pent-up demand brewing’ in London’s property market
Douglas & Gordon reports a "large rise" in potential buyer registrations, and positive price growth at the upper-end of the market
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