UK Residential Property Trends, Q3 2022
The Q3 2022 edition of Landmark’s GB Residential Property Trends Report is now live, providing summaries of the last quarter’s residential property transaction pipeline from listings to SSTC/SSTM, and from searches to completions.
The past quarter has been something of a mixed bag for the property market: a steady trend towards pre-pandemic transaction volumes, capped by the short, sharp shock of September’s ‘mini budget’. As the after-effects play out in real time, the previous three months’ data offers some insight into how the market may fare.
Headlines from Q3 include:
- Supply overtakes demand in England and Wales, marking a reversal of the squeezed supply that has dominated in recent months.
- At the back end of the pipeline, England and Wales completions were down on the 2019 benchmark.
- Scottish completions, meanwhile, picked up in September on the back of strong SSTM volumes in the preceding months.
You can download the Cross Market Activity editions for both England & Wales and Scotland below to access the latest data and analysis on the UK property market during the third quarter of 2022. We hope you find them useful.