The number of jobs advertised as available in the UK real estate sector plummeted from 14,000 at the end of the first quarter of this year to just 4,000 at the end of June.
The figures come from the Office for National Statistics, and emerge as the country enters its first economic recession for over a decade.
Around half of the three month period from April to June inclusive involved the lockdown during which the housing market was effectively closed.
The vacancy ratio, which looks at job opportunities for every 100 employee jobs, shows there are 0.8 vacancies for every 100 employee jobs, down from 2.6 vacancies in the previous quarter and 2.3 this time last year.
Commenting on the figures, Rayner Personnel founder Josh Rayner says that the situation changed in July with “a notable number of jobs coming to the market.” He does not specify how many.
He also says there are “no signs of a deluge of redundancies in the sector as of yet.”
Welcome back to the latest edition of Property Jobs Today (PJT)...
Welcome back to Property Jobs Today - your Monday roundup of...
Welcome to the latest edition of Property Jobs Today. It's the...
As the property market gears up for a busy autumn period,...
The predictions game can be tricky. Sometimes you just don’t know...
Leading UK property auctioneer Bond Wolfe has broken through the £100...
Uncertainty triggered by the new Labour Government and taxation concerns that...
In today's rapidly evolving property market, the focus on reducing transaction...
.png)
An exciting new collaboration between TVPN, EstateApps and Paul Long is...
By Mike Bilboe, Face For Business Buying or selling a home can...
LSL Estate Agency Franchising is home to one of the UK’s...
.png)
Who are you and what does it say on...
Who are you and what does it say on...
Who are you and what does it say on...
Join the conversation
Be the first to comment (please use the comment box below)
Please login to comment