UK Housing Market Rebounds in May as Agreed Sales Hit Four-Year High – Zoopla

Number of sales agreed reaches highest level in four years: Zoopla – Mortgage Finance Gazette

The housing market is seeing a renewed increase in sales, with the number of sales agreed in May reaching the highest in four years, Zoopla reveals. The property website says the increase is due to a rise in the number of homes for sale, with… The post Number of sales agreed reaches highest level in four years: Zoopla appeared first on Mortgage Finance Gazette.

UK housing market rebounds in May as agreed sales hit four-year high – Zoopla

The UK housing market in May was the busiest it has been since the 2021 rush for space, as sales agreed were at their highest since, a property listing site found. The post UK housing market rebounds in May as agreed sales hit four-year high – Zoopla appeared first on Mortgage Solutions.

Number of sales agreed in May reach highest in four years: Zoopla – Mortgage Strategy

The housing market is seeing a renewed increase in sales, with the number of sales agreed in May reaching the highest in four years, Zoopla reveals.  The property website says the increase is due to a rise in the number of homes for sale, with 13% more homes on the market than this time last year, alongside improvements in the cost and availability of mortgages.  Changes to how mortgage affordability is calculated mean borrowers can afford to bo…

Property 'sales agreed' hits four-year high says Zoopla

Properties ‘sold subject to contract’ have hit a four-year high as 13% more homes have been recorded on the market than a year ago, according to the latest Zoopla house price Index. The North West is leading the charge as England’s hottest housing market, with strong employment growth and affordability driving robust price gains in cities like Blackburn. Shot in the arm A cut in interest rates of 0.25% by the Bank of England earlier this month g…

UK house sales hit four-year high as market momentum builds in May

The UK housing market is enjoying its strongest spell of activity since the pandemic-era “race for space,” with estate agents reporting a surge in buyer interest and sales agreed reaching a four-year high, according to new data from property portal Zoopla. Sales activity is up 6 per cent compared with this time last year, buoyed by improved mortgage rates, better availability of homes, and renewed buyer confidence. The revival is most pronounced…

House sales reach four-year high in May

The housing market was at its busiest in May since the 2021 pandemic boom, with the number of sales agreed running at a four-year high, Zoopla’s house price index (HPI) found.  There were 13% more homes for sale than the year before, helped by better mortgage deals and changes to affordability checks, which meant buyers could borrow up to 20% more than earlier in the year. Average UK house prices were up 1.6% on the year, reaching £268,250, an i…