2016 Archive - Housing Market Reports

Browse through our Housing Market Reports to see what affected the industry in 2016. Our monthly reports are generated feedback we receive from our members.

January 2016

Supply of available housing lowest in 14 years

Key findings:

  • Demand for housing increased by a fifth from December 2015 as landlords swarm the market to beat the BTL stamp duty surcharge
  • Sales to first time buyers grew by five per cent

February 2016

Buy-to-let investors storm the housing market 

Key findings:

  • Estate agents reported an increase in the number of buy-to-let investors trying to push sales through before April stamp duty deadline
  • Influx triggered a boost in demand, which was at a 12 year high in February

March 2016

Glimpse of light at the end of the tunnel for first-time buyers

Key findings:

  • Sales to first-time buyers were up in March
  • Buy-to-let stamp duty reforms to trigger further increase in sales to first-time buyers

April 2016

Demand for housing at lowest level in two years

Key findings:

  • Demand for property decrease by a fifth (22 per cent) in April, with 325 house hunters registered per branch, down from 417 in March
  • The supply of houses available dropped by over a third (35 per cent) in April

May 2016

Brexit uncertainty triggers three year low for house-buyer demand

Key findings:

  • Heightened uncertainty around the outcome of the EU referendum caused demand for housing to fall
  • The majority of agents predict that demand due to uncertainty may decrease in the short term following a Brexit

June 2016

The future looks bright for post-Brexit market

Key findings:

  • Buyers were unfazed in the lead up to the EU Referendum as sales to first time buyers were up in June, and demand for housing increased
  • However, agents reported uncertainty from sellers, and supply dipped in the week immediately following the result

July 2016

Number of house buyers falls by a third year on year

Key findings:

  • Demand at lowest seen since November 2013 and a third (35 per cent) lower than July last year
  • The number of sales made to first time buyers (FTBs) decreased by five per cent from June

August 2016

Supply of housing hits a six month high 

Key findings:

  • Supply of available housing rose to the highest level seen since March this year
  • The number of sales made to first time buyers (FTBs) increased by three per cent in August

September 2016

Home buyer confidence back to pre-Brexit levels

Key findings:

  • In September demand for housing rose by 16 per cent
  • Supply of available housing dropped marginally last month

October 2016

Sales to first time buyers at highest level on record 

Key findings:

  • A third of sales in October were made to first time buyers (FTBs)
  • Supply of available housing increased to the highest level since March this year

November 2016

Record number of properties sold for less than asking price

Key findings:

  • Both demand for properties, and supply of available stock fell in November
  • The number of sales agreed also dropped to eight per branch on average

December 2016

Housebuyers and first time buyer sales buck seasonal trends in busy December

Key findings:

  • Number of prospective buyers registered per branch last month was the highest in 13 years for the month of December
  • Despite heightened interest from potential buyers, the number of sales agreed dropped by a quarter from November

January 2016

Supply of available housing lowest in 14 years

Key findings:

  • Demand for housing increased by a fifth from December 2015 as landlords swarm the market to beat the BTL stamp duty surcharge
  • Sales to first time buyers grew by five per cent

February 2016

Buy-to-let investors storm the housing market

Key findings:

  • Estate agents reported an increase in the number of buy-to-let investors trying to push sales through before April stamp duty deadline
  • Influx triggered a boost in demand, which was at a 12 year high in February

March 2016

Glimpse of light at the end of the tunnel for first-time buyers

Key findings:

  • Sales to first-time buyers were up in March
  • Buy-to-let stamp duty reforms to trigger further increase in sales to first-time buyers

April 2016

Demand for housing at lowest level in two years

Key findings:

  • Demand for property decrease by a fifth (22 per cent) in April, with 325 house hunters registered per branch, down from 417 in March
  • The supply of houses available dropped by over a third (35 per cent) in April

May 2016

Brexit uncertainty triggers three year low for house-buyer demand

Key findings:

  • Heightened uncertainty around the outcome of the EU referendum caused demand for housing to fall
  • The majority of agents predict that demand due to uncertainty may decrease in the short term following a Brexit

June 2016

The future looks bright for post-Brexit market

Key findings:

  • Buyers were unfazed in the lead up to the EU Referendum as sales to first time buyers were up in June, and demand for housing increased
  • However, agents reported uncertainty from sellers, and supply dipped in the week immediately following the result

July 2016

Number of house buyers falls by a third year on year

Key findings:

  • Demand at lowest seen since November 2013 and a third (35 per cent) lower than July last year
  • The number of sales made to first time buyers (FTBs) decreased by five per cent from June

August 2016

Supply of housing hits a six month high

Key findings:

  • Supply of available housing rose to the highest level seen since March this year
  • The number of sales made to first time buyers (FTBs) increased by three per cent in August

September 2016

Home buyer confidence back to pre-Brexit levels

Key findings:

  • In September demand for housing rose by 16 per cent
  • Supply of available housing dropped marginally last month

October 2016

Sales to first time buyers at highest level on record

Key findings:

  • A third of sales in October were made to first time buyers (FTBs)
  • Supply of available housing increased to the highest level since March this year

November 2016

Record number of properties sold for less than asking price

Key findings:

  • Both demand for properties, and supply of available stock fell in November
  • The number of sales agreed also dropped to eight per branch on average

December 2016

Housebuyers and first time buyer sales buck seasonal trends in busy December  

Key findings:

  • Number of prospective buyers registered per branch last month was the highest in 13 years for the month of December
  • Despite heightened interest from potential buyers, the number of sales agreed dropped by a quarter from November

Housing Report

View our historic reports

Our archive of reports dates back to November 2012. If you would like to take a look at our older reports to see how the market has changed over the years please select which year you would like to view.