Here is TwentyEA Property & Homemover Report: Q4 2021 highlights
Sales Agreed – 2021 saw over 1.45m sales agreed, an increase of 13% on 2020 and a massive 25% greater than 2019.
The Lack of Property Stock – In 2021 there were 6% fewer properties put up for sale, on average there is now only 2.5 months’ worth of stock available across the UK.
Hybrid/Online Agents – Their market share now stands at 6.7% with no significant consumer shift during the pandemic.
The Lettings Sector – The sector continues to remain subdued. The volume of properties available for let is down nearly 12% compared to 2020, and the lets agreed are up by 6%.
CACI Demographic Insight – The more affluent Acorn segments have maintained previous home buying levels however, lower affluent group exchanges have dropped as much as 14% from 2020 to 2021.
Retail Opportunity – With a retail recession in 2022 a high probability, the near 1.5 million households that have moved in the last 12-months offer a significant lifeline of expenditure as new owners transform their new home.
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