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TwentyCi Property & Homemover Report: Q1 2019

PHMRQ12019-1

Today we have published our Property & Homemover Report: Q1 2019, the eighth edition in a quarterly series of reports featuring data and analysis for the whole of the UK property market.

As ever, this ‘state of the nation’ report combines our comprehensive UK homemover data with unique insights into the people behind the numbers, to create a picture of the demographic, regional and socio-economic factors impacting the housing market.

The reliability of our report is testament to the strength of our data, compiled from the most robust property change sources available – providing a real time review of the UK market and covering 99.6% of all property moves, both sales and rentals.

Report highlights for Q1 2019

  • Exchanges still up in a subdued property market. New property instructions drop 5.3% year on year, but exchanges rise 7.4%
  • The not-so-magnificent seven. Online market share holds steady at around the 7% mark; a long way off the heady 20% market share initially forecast by online agents
  • Brexit impact. Three-year trend analysis reviewing key property stats since the EU referendum vote in 2016 to a potential Brexit this year
  • The homemover wave. The different stages of the home buying or renting process that represent a captive audience for retailers to harness for genuinely targeted marketing