The Q1 2024 release of Landmark’s Residential Property Trends Report is now available. This report contains the most recent data from the residential property transaction pipeline, covering listings, SSTC/SSTM, searches ordered and completions. 

Our latest data gives reason for cautious optimism: listing volumes remain strong, building steadily through Q1 ‘24 in England and Wales. Listing numbers in Scotland also began on a positive footing. 

Key findings from Q1 ‘24 include: 

  • In England and Wales, listing volumes in Q1 ‘24 were up 5% vs Q1 ’19. Listings in Scotland were down just 2% in Q1 ‘21 vs Q1 ‘19.  
  • SSTC volumes in England and Wales for Q1 ’24 tracked 32% below Q1 ‘19, with SSTM levels in Scotland 22% down vs Q1 ‘19.
  • Completion volumes in England and Wales for Q1 ‘24 were down 41% compared to Q1 ‘19 levels. In Scotland, completions were down 2% in Q1 ‘24 vs Q1 ‘19. 

Download the Cross Market Activity edition covering England, Wales and Scotland, unveiling the latest residential property market data and insight for Q1 ‘24.  

We trust you’ll find this report to be a valuable guide as we move into the second quarter of 2024.

 

The Q4 2023 edition of Landmark’s Residential Property Trends Report is now live. Within the report, you’ll find the latest data from the residential property transaction pipeline, including listings, SSTC/SSTM, searches ordered and completions.

This is a market poised for return. Whilst supply remains consistently robust, subsequent pipeline metrics such as SSTC / SSTM, searches ordered and completions are still flat.

Key findings from Q4 ‘23 include:

  • Listing activity in England and Wales in Q4 ‘23 registered the same volumes recorded in  Q4 ‘19.  
  • Completions dropped in England and Wales in Q4 ’23 – 38% lower than Q4 ‘19.
  • In Scotland, listings for Q4 ‘23 were 9% up on Q4 ’19, but completions were subdued by 13% vs Q4 ’19.
  • Overall, dispute healthy listings, the residential pipeline remains constrained.

Download the Cross Market Activity edition covering England, Wales and Scotland, revealing the most recent residential property market data for Q4 2023. We hope you find the report a helpful steer as we begin 2024.

The Q3 2023 edition of Landmark’s Residential Property Trends Report is live. Within the report, you’ll find the latest insights into the residential property transaction pipeline from listings to SSTC/SSTM, and from searches to completions. 

Whilst supply is holding up, subsequent pipeline metrics such as SSTC / SSTM, searches ordered and completions remain low.

Key findings from Q3 include:

  • Listing activity is up in England and Wales – 1% higher over Q3 ’23 vs Q3 ‘19.
  • Completions dropped in England and Wales in Q3 ’23 – 35% lower than Q3 ‘19.
  • In Scotland, listings are 4% up on Q3 ’19, but completions are subdued by 18% vs Q3 ’19.
  • Overall, supply is still struggling to progress through the pipeline.

Download the Cross Market Activity edition for England, Wales and Scotland, and view the latest residential property market data for Q3 2023.

We hope you find the report helpful.

The Q2 2023 edition of Landmark’s Residential Property Trends Report is now live. Within the report, you’ll find the latest insights into the residential property transaction pipeline from listings to SSTC/SSTM, and from searches to completions. 

The report found that whilst supply is relatively strong, demand volumes are struggling to progress through the transactional pipeline.   

Headlines from Q2 include:
•    Supply is up in England and Wales – with listings 12% higher in June ’23 vs June ‘19
•    Completions dropped in England and Wales in Q2 ’23 – 39% lower than Q2 ‘19
•    In Scotland, the picture is marginally better but buyers are similarly constrained  
•    Overall, demand volumes struggle to progress across Great Britain as high interest rates, restricted mortgage availability and squeezed affordability continue to drive an uncertain market.

Download the Cross Market Activity edition for England, Wales and Scotland, and review the latest property market data during the second quarter of 2023.

We hope you find the report useful.

The Q1 2023 edition of Landmark’s Residential Property Trends Report is now live. In it, you’ll find summaries of the last quarter’s residential property transaction pipeline from listings to SSTC/SSTM, and from searches to completions. 

The report shows partial signs of market recovery, with supply strengthening throughout the quarter, following the uncertainty of Q4 2022 – but overall volumes remain subdued.  

Headlines from Q1 include:

  • Supply is up in England and Wales – from 10% lower in January ’23 vs ’19 to 6% higher in March ’23 vs ’19.
  • Completions slowed in England and Wales in Q1 ‘23 – down 10% on Q4 ’22 volumes, likely due to the low SSTC figures at the end of Q4 ‘22.
  • A slight uplift in volumes across all stages of the pipeline was seen in Scotland 
  • Consumers’ ability to buy remains a crucial factor in influencing market trajectory after Q4 uncertainty

Download the Cross Market Activity edition for both England, Wales and Scotland, and review the latest data from the UK property market during the first quarter of 2023. 

We hope you find it useful.