I thought I would share some interesting facts below from a recent Rightmove Report:

  • Busiest month for ten years as home-buying supersedes summer holidays
  • Rulebook rewritten as post-lockdown mini-boom accelerates and home-moving fills the holiday void
  • Highest number of sales agreed in a month since we started tracking this data over ten years ago, up by 20% on the previous high, and with a record total value of over £37 billion
  • Highest number of properties coming to market in a month since March 2008 as more movers join in
  • Latest weekly sales agreed figure up by 60% compared to the same week in 2019 as buyers ignore the usual summer holiday slowdown
  • Unseasonal record high for new seller asking prices in seven regions, but London drags down the national average to a 0.2% fall due to its own more typical 2.0% seasonal monthly drop. The out-of-city exodus drives prices in places like Devon and Cornwall to new records
  • Record levels of buyer activity lead to processing delays and mean that patience is required to get sales agreed to completion

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