Increase in housing market demand since the start of 2021
In this short article we look at the demand for housing since the turn of the year
- The Dataloft Demand Index shows a 21% increase in housing market demand since the start of 2021. More people than ever are using the new year as a chance to think about moving house.
- According to Rightmove, the number of prospective buyers contacting agents in January is 7% higher than a year earlier and enquiries about a property to rent are 14% higher.
- Zoopla reported the flow of new supply onto the market in the first 2 weeks of 2021 to be down -12%. An imbalance between demand and supply can put upward pressure on house prices. Source: Dataloft Demand Index, based on visits to agents’ sites displaying Dataloft Inform local insights each week.