TwentyCi Property & Homemover Report – Q2 2022

Welcome to the latest edition of the TwentyCi Property & Homemover Report, providing a comprehensive review of the UK property market, created from the most robust residential research and property change sources available.

Our report provides a real-time review of the UK housing market in Q1 2022, covering 99.6% of all sale and rental moves. This property market analysis and state of the nation report provides unique insight into the people behind the numbers, creating a picture of the demographic, regional and socio-economic factors impacting the UK housing market, including:

• Factual data (not modelled or sentiment-based)
• Full market coverage
• Demographic overlay
• Property sales data
• Property rental data

UK Property Research Headlines – Q2 2022:

• Sales Agreed
  Q2 saw 358k sales agreed which is nearly 10% greater than the same period in 2019.
• Average Asking Prices
  The average property asking price has increased by nearly 20% since 2019.
• The Lack of Residential Property Stock
  Property stock levels are slowly rising but the available months of stock are still down by almost half on historical norms.
• Hybrid/Online Agents
  Their market share now stands at 7.4%.
• Mitigating the Retail Recession
  The inevitability of a retail recession is palpable with a slew of negative trading updates. However, with over 1.4 million households having moved in the last 12 months and a further 1.2 million forecast to move in the next 12-months, homemovers offer a significant lifeline of expenditure as new owners transform their homes.