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.