Housing supply and demand change in the UK for as of August 2024

Published by Statista Research Department, Aug 28, 2024

In August 2024, the housing market in the UK saw a 20 percent increase in demand and 23 percent increase in the number of agreed sales. New inventory has also increased, with the stock of new homes for sale up by 14 percent and new supply, 12 percent. In 2023, house prices slightly declined, as the market cooled under the impact of soaring interest rates and worsened homebuyer sentiment. 

Percentage change in housing supply and demand in the United Kingdom (UK) as of August 2024, by characteristic

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Release date

August 2024

Region

United Kingdom

Survey time period

four weeks to August 18, 2024 compared to the same period a year ago

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