Housing Market Bouyant!

We at Winchester Removals and Storage we receive weekly updates on the housing market, despite Covid – 19 and the terrible shock to the economy the market is strong and appears stable.

This last week, there was a small decline in the number of sales and properties coming onto the market across the UK. With a minor drop – 2% drop of New Instructions and 4% in sales agreed. This isn’t unusual for the time of year as its holiday season, estate agents are traditionally quiet in August so these stats have not triggered our alarm bells. If you’re one of the 37,645 that agreed a sale week commencing the 3rd August we have to ask have you called Winchester Removals and Storage yet? If not, why not give us a call today 01962 860905.

Week Commencing New Instructions Weekly Change SSTC Weekly Change
02/03/2020 36212 27831
09/03/2020 35411 -2% 27240 -2%
16/03/2020 29406 -17% 22913 -16%
23/03/2020 12607 -57% 12644 -45%
30/03/2020 5870 -53% 5442 -57%
06/04/2020 4326 -26% 3065 -44%
13/04/2020 3582 -17% 2566 -16%
20/04/2020 4746 32% 3241 26%
27/04/2020 5682 20% 3617 12%
04/05/2020 5368 -6% 3314 -8%
11/05/2020 10467 95% 5593 69%
18/05/2020 21584 106% 12523 124%
25/05/2020 23395 8% 16687 33%
01/6/2020 32360 38% 24312 46%
08/06/2020 34706 7% 26858 10%
15/06/2020 36779 6% 29304 9%
22/06/2020 39337 7% 29810 2%
29/06/2020 40243 2% 32178 8%
06/07/2020 41201 2% 33536 4%
13/07/2020 43909 7% 34821 4%
20/07/2020 46505 6% 36862 6%
27/07/202047066 47066 1% 39055 6%
03/08/2020 46180 -2% 37645 -4%

But there is almost 60% more sales than in the same week last year, so the market is still very much buoyant.

2019
Week Commencing New Instructions SSTC
04/03/2019 36215 24729
11/03/2019 35270 24481
18/03/2019 37248 24819
25/03/2019 37746 25585
01/04/2019 37150 25130
08/04/2019 36656 25183
15/04/2019 34789 22734
22/04/2019 29535 21572
29/04/2019 40864 26691
06/05/2019 31683 22446
13/05/2019 38931 27174
20/05/2019 39832 27737
27/05/2019 34784 23218
03/06/2019 38442 26722
10/06/2019 35854 26729
17/06/2019 35523 26113
24/06/2019 35411 25786
01/07/2019 35107 25054
08/07/2019 34417 24478
15/07/2019 34089 25377
22/07/2019 32462 24797
29/07/2019 32471 24164
05/08/2019 32580 23726