Property Activity Index reveals a post-Election slump

The latest data revealed by the Agency Express Property Activity Index shows slow movement for the UK property market in May. National figures for properties ‘Sold’ declined by -1.2% as did figures for new listings ‘For Sale’ which fell by -0.6%.

Although month on month we have witnessed a dip in new listings demand for property is still on the rise. In recent press it has been stated that buyers are set to have their pick of properties with a forecasted post-election surge of home sellers. Regional month on month data recorded by the Property Activity Index reveals that London may have already seen the effect of the surge.

Commenting on the latest index results, Stephen Watson, Managing Director of Agency Express said:

Last month we saw some fascinating figures revealed by the Property Activity Index. It was clear to see that the General Election had taken its toll on the UK property market. Looking at figures post-Election and we would have hoped for more of a bounce back across the board. However London has returned strong, with the threat of mansion tax lifted it seems that confidence has returned among the high value home sellers.

Click here to read the Agency Express Property Activity Index Report in full:

View Sales report

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Agency Express Ltd understands that your privacy is important to you and that you care about how your personal data is used and shared online. We respect and value the privacy of everyone who visits this website, www.agencyexpress.co.uk (“Our Site”) and will only collect and use personal data in ways that are described here, and in a manner that is consistent with Our obligations and your rights under the law. Please read this Privacy Policy carefully and ensure that you understand it. [Your acceptance of Our Privacy Policy is deemed to occur upon your first use of Our Site] AND/OR [You will be required to read and accept this Privacy Policy when signing up for an Account]. If you do not accept and agree with this Privacy Policy, you must stop using Our Site immediately.

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2. Our VAT number is 720 0794 61.
3. Our Data Protection Officer is Stephen Watson, and can be contacted by email at enquiries@agencyexpress.co.uk, by telephone on 01508 579800, or by post at Agency Express, Rectory Road, East Carleton, Norwich, NR14 8HT.
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Your Rights
1. As a data subject, you have the following rights under the GDPR, which this Policy and Our use of personal data have been designed to uphold:
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Contacting Us
If you have any questions about Our Site or this Privacy Policy, please contact Us by email at enquiries@agencyexpress.co.uk, by telephone on 01508 579800, or by post at Agency Express, Rectory Road, East Carleton, Norwich, NR14 8HT. Please ensure that your query is clear, particularly if it is a request for information about the data We hold about you (as under section 12, above).
Changes to Our Privacy Policy
We may change this Privacy Policy from time to time (for example, if the law changes). Any changes will be immediately posted on Our Site and you will be deemed to have accepted the terms of the Privacy Policy on your first use of Our Site following the alterations. We recommend that you check this page regularly to keep up-to-date.

This document was last updated on 15th May 2018