Are stock levels stabilising?
In this quick speed read, we take a look at the current stock levels across the country
- Although still significantly below average, there are signs that stock levels may be beginning to improve. The NAEA Propertymark reported a slight increase in number of properties listed per agent in July compared to June.
- They report that there are now 28 properties currently available per branch, 15 fewer than in July 2020 but 5 more than a month ago.
- This means that there are now 15 buyers for every property listed, down from 19 in June.
- Meanwhile, Rightmove report that the top ten places with the greatest supply shortage are all in the South East and East of England with particular hotspots in Newmarket, Berkhamsted and Bushey.
- Source: Dataloft, NAEA Propertymark
