TwentyCi Property & Homemover Report: Q3 2017

TwentyCi Property & Homemover Report is published quarterly and covers the whole of the UK property market, with exclusive access to more than 29 billion qualified data points across the whole of the property sector – for both property purchases and rental.

In addition to tracking sales momentum, this ‘state of the nation’ report provides unique insight into the people behind the numbers, creating a picture of the demographic, regional and socio-economic factors impacting the housing market.

With a 99.6% view of both the property sales and rental markets, our Property & Homemover Report is the most comprehensive factual source of home moving data and insight available.

Key Findings for Q3 2017:

  • Overall the volatile market is starting to stabilise with exchanges up 15.2% year-on-year and house prices increasing by 1.5% for the year. However London experiences lower growth in exchanges than the rest of the UK at 9% year-on-year, and prices drop by 8.4% in the Capital – one of the key reasons behind the overall fall in price for the market.
  • While the majority of market activity is for properties under £250k and with sub £50k household incomes, the biggest growth in transactions this quarter has been among buyers in higher income bands purchasing higher value properties.
  • Online-only estate agents’ market share increases by 19% this quarter.

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Source: TwentyCi