{"id":59057,"date":"2025-08-11T11:40:11","date_gmt":"2025-08-11T11:40:11","guid":{"rendered":"https:\/\/www.newsbeep.com\/uk\/59057\/"},"modified":"2025-08-11T11:40:11","modified_gmt":"2025-08-11T11:40:11","slug":"uk-property-transactions-on-track-to-hit-1-18-million-this-year","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/uk\/59057\/","title":{"rendered":"UK property transactions on track to hit 1.18 million this year"},"content":{"rendered":"<p>Sales have increased across all price brackets, with the \u00a3350,000 to \u00a31 million range experiencing the strongest growth at 9.5%, followed by the \u00a3200,000 to \u00a3350,000 segment at 8.8%.<\/p>\n<p>Supply has also expanded year-on-year in all price bands. The \u00a3350,000 to \u00a31 million range posted the highest growth at 5.8%, while the \u00a3200,000 to \u00a3350,000 segment grew by 5.5%. Outer London led regional supply growth at 8%, with notable increases also seen in the Midlands, East and North East.<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/www.newsbeep.com\/uk\/wp-content\/uploads\/2025\/08\/0376_638905042281054385.jpg\" style=\"float: right; width: 250px; height: 275px;\"\/>\u201cDespite the <a href=\"https:\/\/www.mpamag.com\/uk\/mortgage-industry\/market-trends\/how-are-the-stamp-duty-changes-impacting-the-mortgage-market\/530626\" target=\"_blank\" rel=\"nofollow noopener\">changes to Stamp Duty<\/a> bringing a noticeable \u2018hangover\u2019 to the market throughout April and May, it bounced back with a spring in its step in June,\u201d said Katy Billany (pictured right), executive director at TwentyEA. \u201cMomentum has been further boosted by the <a href=\"https:\/\/www.mpamag.com\/uk\/news\/general\/bank-of-england-cuts-base-rate-as-brokers-weigh-mortgage-market-impact\/545301\" target=\"_blank\" rel=\"nofollow noopener\">most recent interest rate cut<\/a> last Thursday to 4%, and will possibly fall further to 3.75% by the end of the year, injecting a renewed confidence into both buyers and sellers.<\/p>\n<p>\u201cWhen compared to 2024, 2023, and pre-pandemic 2019, demand volumes have been consistently higher in every single month of 2025 so far. Given this sustained growth, we\u2019re confident 2025 will remain buoyant, with a healthy pipeline of deals for estate agents.<\/p>\n<p>\u201cWe forecast transactions will be in-line with the pre-pandemic year of 2019 to reach 1.18 million by the end of 2025 \u2013\u00a07% higher than in 2024 which is exceptional news for estate agents.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"Sales have increased across all price brackets, with the \u00a3350,000 to \u00a31 million range experiencing the strongest growth&hellip;\n","protected":false},"author":2,"featured_media":59058,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[84,15187,467,32041,32042,56,54,55],"class_list":["post-59057","post","type-post","status-publish","format-standard","has-post-thumbnail","category-markets","tag-business","tag-housing-market","tag-markets","tag-transactions","tag-twentyea","tag-uk","tag-united-kingdom","tag-unitedkingdom"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/59057","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=59057"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/59057\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/59058"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=59057"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=59057"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=59057"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}