Sales agreed down 1/3rd, completions down 40% v 2019.

5 Fact Friday – 19 July 2024

May sales completion rates remain circa 40% below Q4 ’19 levels 

https://20115751.fs1.hubspotusercontent-na1.net/hubfs/20115751/LIG_Property%20Trends%20Report/2024/LIG%20Q2%202024%20Property%20trends%20report/Q2%2024%20EW%20SC%20property%20trends%20report%20-%20RESI/Reports/LM%20RESI%20PTR%20JUL24%20EWS%20GENERIC%20v1.pdf

Rightmove July New Asking Prices Fall: https://www.rightmove.co.uk/news/content/uploads/2024/07/Rightmove-HPI-15th-July-Final.pdf 

Population growth being 90% accommodated by new build rates.

Total new construction starts now lower than 2009

King’s Speech reintroduces the “Renter’s Rights Bill”

https://theindependentlandlord.com/kings-speech

https://www.parliament.uk/business/news/2024/july/state-opening-of-parliament-2024

Lloyds Bank to convert disused offices into social homes