Company Tag: GetAgent

'Interest rates simply haven’t fallen as quickly as many buyers may have hoped, so there remains a sense of buyer hesitation across the market,' says GetAgent after trawling Rightmove data.

The number of homes listed for sale on Rightmove jumped 23% in the first two weeks of August.

Many property agents are putting holiday plans on hold in anticipation of a 'summer surge' of market activity, according to a new survey.

'The upcoming election is expected to have little impact on the strong level of market activity that has been building so far this year,' says GetAgent after surveying 846 estate agents.

83% of estate agents believe a cut to the base rate of interest would boost home-buyer demand, but only half think it would drive house prices up.

'There is a disappointing number of properties that have agreed to a sale in their first 30 days,' says GetAgent boss after checking Zoopla listings.

The proportion of property listings that are already marked as Sold or Under Offer increased slightly in Q1.

'While the landscape remains largely subdued, there are green shoots of positivity starting to show' in the property market, says GetAgent.

The number of estate agents operating across the UK has increased by 1.9% in the last year, despite a decline in transaction numbers.

Cornwall, Kensington & Chelsea and Westminster have more second homes than any other parts of the country.

Every UK region has seen a big increase in new sales listings in the last fortnight compared to the opening weeks of the year.

43% of estate agents believe a property market recovery will come next year; 29% believe it will happen in 2023, while 28% don’t believe it will happen in the near future.