Sales agreed

• The average number of sales agreed per estate agent branch stood at 13 in July following the Chancellor’s announcement of a stamp duty holiday.
• This is the highest figure recorded since June 2007 when 13 sales were also recorded per member branch.
• Year-on-year, the number of sales per branch has increased by 44 per cent, rising from nine recorded in July 2019.

What properties sold for

• In July, eight per cent of properties sold for more than the original asking price, a fall from 10 per cent in June.
• Three in five (60 per cent) properties sold for less than the original asking price in July.

Demand for housing

• In July, the number of house hunters registered per estate agent branch rose by 13 per cent, increasing from 379 in June to 428.
• Year-on-year, housing demand is up by a third (35 per cent), rising from 316 in July 2019.

Supply of available properties

• The number of properties available per member branch stood at 43 in July, increasing from 37 in June.
• Year-on-year, the supply of housing increased marginally from 41 properties per member branch in July 2019.

Sales to FTBs

• The number of sales made to FTBs stood at 25 per cent in July, a fall from 29 per cent in June.