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HomeBusinessReal EstateProperty market imbalance ‘has the potential to lead to depressed sales’

Property market imbalance ‘has the potential to lead to depressed sales’

Knowledge from the most recent version of Landmark Knowledge Workforce’s quarterly Belongings Tendencies Record has known a 5th consecutive month of low belongings provide ranges, with new listings reporting decrease numbers than pre-pandemic figures in 2019.The file, which displays upon job throughout England and Wales’ residential belongings trade all over July, August and September 2021, displays that listings have been down by means of a median of 9% in comparison to 2019 knowledge, whilst call for persevered to outpace provide, keeping up a sustained imbalance out there. July was once the one month the place listings have been marginally upper than SSTC – the primary month since October 2020.

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