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Graham Awards

TODAY'S OTHER NEWS

Rightmove claims new records for activity over Christmas

Rightmove claims its visits over the Christmas period were its busiest ever with what it calls ‘buyer demand’ up 23 per cent compared to the same time a year earlier.

It says the number of new sellers coming to market was up by 21 per cent on Boxing Day just gone, compared to December 26 2020.

This was the highest number of new sellers on Boxing Day Rightmove has ever recorded

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Rightmove also recorded its busiest ever Boxing Day for visits to its site and apps.

It claims prospective sellers jumped into action on December 30, its busiest day since May 2021 for people requesting agents to appraise their home, making it into the top 10 busiest ever days for these valuation requests on Rightmove

Rightmove’s director of property data Tim Bannister says: “Boxing Day traditionally signals the start of activity ramping up as people turn their attention from turkey and trimmings to their plans for 2022, and activity is set to increase further as January unfolds and people start to settle down into a routine after the December break.

“Despite the frenzied market activity we saw throughout 2021, we’ve recorded even higher levels of buyer demand in the period between Boxing Day and the New Year this year, driven by a sustained desire to get on and move.

“Not only this, but the increased number of new homes up for sale on Boxing Day compared to last year, signals a new group of sellers coming to market who have made it their New Year’s resolution to move in 2022. 

“This group may have held back last year due to the frantic market but are now seeing it as their time to take action, and have taken advantage of the high number of prospective buyers searching for their next home over the holidays.”

  • icon

    Well, it's certainly true that I have seen that picture repeated across the Country and across all three main Portals and agent's own websites

  • Hit Man

    Well well that didn't take them log the propaganda continues to spill does this justify the rate increase?

  • icon

    Yawn.

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