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Sales continued in April, despite lockdown

Fri 22 May 2020


  • Despite full lockdown across the housing market in April, more than 46,000 residential properties completed during the month on a seasonally adjusted basis.
  • While this is around half the level recorded a year earlier, it is still higher than expected, suggesting more deals went through to completion than were anticipated.
  • With restrictions eased on 13th May we expect transaction levels to build over the summer months as transactions already in the conveyancing process combine with newly agreed sales.
  • Early results from the Dataloft Homemover Survey (due to be published next week), show a strong appetite from prospective buyers to move as soon as they find the right home or sell their current home.

 

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