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Residential Property Trends Report: A muted pipeline

Residential Property Trends Report Q4 2023: A muted pipeline

Landmark Information Group’s Residential Property Trends Q4 2023: A muted pipeline.

The Q4 2023 edition of Landmark’s Residential Property Trends Report is now live. Within the report, you’ll find the latest data from the residential property transaction pipeline, including listings, SSTC/SSTM, searches ordered and completions.

This is a market poised for return. Whilst supply remains consistently robust, subsequent pipeline metrics such as SSTC / SSTM, searches ordered and completions are still flat.

Key findings from Q4 ‘23 include:

  • Listing activity in England and Wales in Q4 ‘23 registered the same volumes recorded in Q4 ‘19.
  • Completions dropped in England and Wales in Q4 ’23 – 38% lower than Q4 ‘19.
  • In Scotland, listings for Q4 ‘23 were 9% up on Q4 ’19, but completions were subdued by 13% vs Q4 ’19.
  • Overall, dispute healthy listings, the residential pipeline remains constrained.

Download the Cross Market Activity edition covering England, Wales and Scotland, revealing the most recent residential property market data for Q4 2023.

We hope you find the report a helpful steer as we begin 2024.

 

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