Third busiest month on record

In this speed read we take a look at the numbers behind the third busiest month for property sales on record

September 2021 was the third busiest month for property sales across the UK since records began in 2005 (HMRC).
It is estimated close to 161,000 sales took place, compared to 199,000 in June 2021 and nearly 177,000 in March 2016 prior to the 3% SDLT surcharge.
Although sales volumes dipped over the summer months, sales activity in 2021 has far outstripped longer term averages.
Sales volumes for the final quarter will need to be 17% higher than in 2020 to make 2021 the busiest sales market on record.
Source: Dataloft, HMRC, provisional estimates for data July 2021 onwards, based on UK sales seasonally adjusted.

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