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
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.
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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