Interest in the property market increases

Interest in property has been on the rise ever since the housing market was re-opened on the 13th of May. Those looking to proceed with moves started pre lockdown as well as those who decided during lockdown that they would like to move have all contributed to the sudden surge of consumer interest.

Interest was up around 30% in the week beginning the 11th of May, which was the week were the government outlined its plans to re-open the industry and many agents started planning out their guidelines and processes. By the end of May interest was around 71% higher than a month earlier.

Potential sellers are buyers are focusing on news from the property market and specific insights into area trends so they can be informed and make their decisions regarding their property journey.

Rightmove has also seen increased interest over the last month as it recorded its busiest day ever on Wednesday 27th May, where their site saw over six million visits.

If you’re interested in keeping up to date with the property market make sure you keep an eye on our news page.

Did you know we also update our website with monthly sales and lettings insights for our areas? Check them out here or sign up to receive these directly to your inbox each month.

If you’ve got any questions regarding the property market and your situation then get in touch with your local branch to see how they can help.  

Sources: Dataloft Inform, Rightmove.

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