26% increase in buyer demand since the start of 2021

In this quick read article, we take a look at buyer demand since the start of the 2021

Housing market momentum has been maintained following the original stamp duty deadline in March 2021. The Dataloft Demand Index shows a 26% increase in housing market demand since the start of 2021.
An estimated 117,860 transactions completed in April 2021, 21% higher than the April 2014 to 2019 average. 86,921 mortgages were approved in April, 30% higher than April 2014 to 2019.
According to Zoopla, the number of homes for sale is down -21% (YTD vs 2020 average), causing an imbalance between supply and demand.
The imbalance is putting upward pressure on prices, with a 10.9% annual increase reported in May, the highest level since August 2014. Source: Dataloft Demand Index, HMRC, Bank of England, Zoopla and Nationwide.

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Attleborough Q1 Property Market - Was it a buyers’ or sellers’ market?

Thinking of moving in Attleborough this year? Whether you’re a landlord weighing your next step or a first-time buyer testing the waters, timing matters. One of the clearest ways to read the market is by tracking how many homes are under offer versus available—revealing who really holds the cards.

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