Company Tag: TwentyCi
Price reductions climb to a record high
38% of 2024's concluded property listings had their asking price trimmed at least once - but estate agents are not to blame for over-pricing, argues data company.
‘Dramatic rise’ in number of London rental properties being sold
'The rental sector has become much more expensive and unpredictable for landlords over the last decade,' says TwentyCi.
‘The rise of the self-employed agent is seeing inroads into the market share of all estate agents’ – TwentyCi
Self-employed property brokers were behind only 1.6% of new sales instructions in Q2, but analysts expect their market share to grow.
‘Significant uplift’ in number of landlords selling up
Interest rate hikes, rising costs & general uncertainty have driven a 'dramatic' rise in the number of previous rental properties for sale, reports TwentyEA.
5 months of ‘above-average’ property market activity in 4 charts
Sales activity across the UK and in London in 2024 so far is running 7% above the average level seen from 2017 to 2019.
Online agents’ market share falls as self-employed brokers gain ground
'We do not see hybrid agents posing a significant challenge to traditional high-street agents but that could change if the self-employed model continues to grow in popularity,' says TwentyEA Director,…
More agency branches close as self-employed model gains traction
General market uncertainty has been a factor, but so have various changes within the sector.
The property market’s ability to adapt & evolve is what’s keeping the wheels moving – TwentyCi
Exchanges are running -20% below last year's levels, but there is still a 'substantial and solid core of activity'.
Monday Market Review: Key figures & findings from the last seven days
Catch up on all the latest movements and commentary in less than five minutes, featuring data and analysis from Rightmove, Savills, the ONS, JLL, TwentyCi, Foxtons & more...
‘This is not yet a market in free fall’: Nearly 70% of all properties listed have sold so far in 2023
Reports of the market’s demise may well be greatly exaggerated, says TwentyCi, as latest data shows a 'remarkably resilient' performance in Q2.
UK resi market proving robust in face of ‘significant and determined headwinds’
Stable or upside scenarios have started to look more credible, says TwentyCi.
Surge in new sales instructions led by the South East
New data tells of a big increase in property listings in the last three months compared to the same period a year ago.