Dataloft Demand Index: Buyer demand increase!
In this quick snap shot we look at the increase in homebuyer demand in the first quarter of 2021!
- The Dataloft Demand Index shows a 36% increase in housing market demand since the start of 2021 with the traditional Spring market set to be busier than ever.
- Demand rose 13% between February and March, with Rightmove reporting sales in the first week of March up 12% year-on-year. The number of buyers enquiring per available property was 34% higher.
- Lockdown 3 has exacerbated the supply/demand imbalance across the market place currently continuing to support property price growth.
- But with lockdown restrictions starting to ease and incentives to move, all eyes will now look to whether new supply starts to increase. Source: Dataloft Demand Index, based on visits to agents’ sites displaying Dataloft Inform local insights each week.