Company Tag: Zoopla
‘Acute’ property stock shortage to continue into 2022 – Zoopla
“The post-pandemic ‘reassessment of home’ has further to run," says Zoopla, as the UK's property market faces its "greatest stock shortage since 2015."
Property portal trumpets surge in agent leads
Zoopla's "marketable database" has more than doubled in size (+104%) since last year.
House prices are rising at five times the rate of flat prices
Zoopla's research chief Grainne Gilmore expects property price inflation to continue to accelerate in the coming months, "peaking at around 6%, before falling back to between 4%-5% by the end of 2021.
Buyers move further for bigger homes
In the South West, buyer interest for larger 4+ bed homes comes from a radius that is five times that of interest for 1-3 bed homes.
A fifth of homes have seen values rise by more than the average UK salary in the last year
Zoopla estimates that 4.6 million private homes in the UK rose in value by more than £30,500, the average UK salary, in the last year. That's 21% of all privately owned homes in the country.
Buyer demand eases but remains 55% above ‘normal’ levels
“The stamp duty holiday boosted demand in the housing market, yet buyer demand remains elevated despite the initial holiday ending," says Grainne Gilmore, Head of Research at Zoopla "- signalling that…
Former Zoopla director Hubble takes the helm at Boomin
Boomin has recruited Zoopla's former Commercial Director, Athena Hubble, as Managing Director.
Property market set for busiest year since 2007, on track for over 1.5 million residential transactions
Zoopla expects the total value of homes sold in the UK to reach £461 billion this year; that's 46% more than in 2020, and 68% more than in 2019...
Zoopla reports spike in activity
Property portal's latest marketing drive appears to be yielding results, as valuation leads jump by 42%.
Tenants return to city centres as London affordability hits a ten-year high
Demand for city centre rental properties is rising, reports Zoopla, with London rents having bottomed out in February.
Total value of UK homes sold so far this year doubles to £150bn
"Extreme market momentum will moderate," predicts Zoopla, as more stock comes to market and buyer demand calms.
Zoopla buys software firm Yourkeys
The acquisition is the latest move in Zoopla's strategy to create a "software ecosystem" for the property industry.