As property sales begin to rise, flats are once again in demand

UNITED KINGDOM: We can identify changes in the housing market as they occur thanks to our current housing market data. And this month, we've witnessed a rebound to the same level of home sellers accepting bids from buyers that we experienced in 2019, before to the start of the pandemic. (Reported by news source)

Because the period before the onset of the pandemic and the very active real estate market we witnessed at the start of last year provide an idea of what you may expect from a more "normal" property market, we are comparing what is happening now with the same period in 2019.

The surge in sales that we have recently observed has been largely driven by flats, particularly in London. They have increased by 11% overall compared to March 2019 for all property types. Compared to the same period in 2019, the number of flat sales agreements in the capital has increased by 23%.