With lots going on and changing all the time at the moment, the property market is no exception and this month property portal Rightmove’s search data is highlighting some really encouraging sales figures.
This graph shows the number of people who have been clicking on the full details of properties and the percentage change between the same time period in the previous year.
Each point represents a rolling seven day average. For example, the data shown on 12th May compares the average daily detail views for 6th–12th May 2020 to 6th–12th May 2019.
According to Rightmove’s search data, despite a sharp drop initially during lockdown, the number of people clicking on the full details of properties has been steadily rising ever since in West London, peaking at 78% higher than the same time last year – a figure which appears to coincide with the Chancellor’s announcement regarding a six month Stamp Duty holiday.
These are really encouraging numbers, not only is there an increasing number of properties coming to market, there’s also a healthy demand.
With that in mind, if the recent Stamp Duty announcement has inspired you to sell your property whilst there are savings to be made, or if you’re looking to take advantage as a buyer – we’re open and here for you. You can get in touch with us via our website livechat feature, give us a call on 020 8740 6622 or find your nearest branch.