In April 2024, residential sales saw an early flurry of activity. This included a boost to prospective buyer registrations, new sales instructions, and the number of sales agreed.
The average number of prospective buyers registered per branch rose to 88 in April, up from 76 the month before. Viewing numbers per available property is generally stable, with a marginal reduction compared to the previous month.
There was also an increase in supply as new sales were up the month before to around 12 homes per member branch placed for sale in April, and stock levels increased over the previous month.
The report also puts forward market appraisal volumes to indicate future supply. The number of market appraisals per member branch increased to 26 in April, up from 22 the month before.
Learn More: Find out the best places to buy property in London and property investment in Leeds with our RWinvest guides and insights.