Property Market Holds Steady Through the Summer
Fresh figures from July show that both sales and lettings activity remain stable, with demand strong, stock levels consistent and confidence among sellers continuing to build.
Fresh figures from July reveal encouraging news for the property market, with activity levels holding steady throughout the summer. The data highlights a balanced and resilient market that continues to offer confidence for both buyers and sellers.
On average, 11.2 homes were listed for sale per branch during the month, with total sales stock stable at around 39 properties per branch. This shows little change from June, confirming that the flow of new listings is consistent and supply is keeping pace with demand.
Another positive indicator is the increase in market appraisals, which rose to 22 per branch in July compared with 21 in June. Appraisals are a key forward-looking measure, and this uplift shows that more homeowners are considering placing their property on the market. This growing pipeline of future listings underpins confidence that activity levels will remain consistent in the months ahead.
Despite wider economic pressures, the stability of transactions and the continuing flow of appraisals show that confidence in the market remains firm. With speculation about potential changes to property taxes, there is also the possibility of further stimulus to boost activity.
For anyone considering selling, these figures highlight that now is a strong time to take advantage of a balanced and resilient marketplace. With buyer demand still healthy, stock levels steady and interest rates easing, sellers are well positioned to achieve excellent results. If you are thinking about moving, now could be the ideal time to act.
Call us today if you would like a conversation and a free valuation.
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