Our weekly stats update sees sales slow further while the number of new listings is fairly similar. We've been focusing on offers written vs firms sales because it more current representation as to what's actually going on.
The number of "solds" in March was significantly higher than in 2019 because of the amount of activity before the lock down. April will see a slow down in these numbers but we won't know the actual affect on sales until May.
Far fewer offers are being written as time goes on, which means the number of firm sales we see in the next month will follow suit.
Questions about buying or selling a home and how these statistics might affect you? Contact us below and we'll be on hand to answer all your questions.
Posted by Chris Perkins on