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After a very slow second quarter of 2020 due to the coronavirus (COVID-19) pandemic, the housing market in the United Kingdom (UK) experienced dramatic surge in home sales. In the first quarter of 2021, the residential property supply varied between 2.2 and 2.9 months of available stock for sale in different regions of the UK, and 3.8 months in Inner London. Considering the limited supply and the spike in demand, house prices have been on an upward trend.
Number of months of available housing stock for sale in the United Kingdom (UK) in 1st quarter 2021, by region
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TwentyCi. (April 20, 2021). Number of months of available housing stock for sale in the United Kingdom (UK) in 1st quarter 2021, by region [Graph]. In Statista. Retrieved May 21, 2024, from https://www.statista.com/statistics/1246910/months-of-housing-stock-supply-for-sale-united-kingdom-by-region/
TwentyCi. "Number of months of available housing stock for sale in the United Kingdom (UK) in 1st quarter 2021, by region." Chart. April 20, 2021. Statista. Accessed May 21, 2024. https://www.statista.com/statistics/1246910/months-of-housing-stock-supply-for-sale-united-kingdom-by-region/
TwentyCi. (2021). Number of months of available housing stock for sale in the United Kingdom (UK) in 1st quarter 2021, by region. Statista. Statista Inc.. Accessed: May 21, 2024. https://www.statista.com/statistics/1246910/months-of-housing-stock-supply-for-sale-united-kingdom-by-region/
TwentyCi. "Number of Months of Available Housing Stock for Sale in The United Kingdom (Uk) in 1st Quarter 2021, by Region." Statista, Statista Inc., 20 Apr 2021, https://www.statista.com/statistics/1246910/months-of-housing-stock-supply-for-sale-united-kingdom-by-region/
TwentyCi, Number of months of available housing stock for sale in the United Kingdom (UK) in 1st quarter 2021, by region Statista, https://www.statista.com/statistics/1246910/months-of-housing-stock-supply-for-sale-united-kingdom-by-region/ (last visited May 21, 2024)
Number of months of available housing stock for sale in the United Kingdom (UK) in 1st quarter 2021, by region [Graph], TwentyCi, April 20, 2021. [Online]. Available: https://www.statista.com/statistics/1246910/months-of-housing-stock-supply-for-sale-united-kingdom-by-region/