Zoopla says £113bn of sales in pipeline as market surges
The Independent|October 29, 2024
An estimated £113bn-worth of homes are working their way through the buying process in what marks the highest level of new sales agreed since autumn 2020, according to the property website Zoopla.
TOM WATLING
Zoopla says £113bn of sales in pipeline as market surges

Across the UK, around 306,000 homes are in the sales pipeline working their way to completion, 62,250 (26 per cent) more than a year ago, it said.

Momentum in new sales remains strong and looks set to continue into December, supported by a high supply of homes for sale, with many of the most recent sales completing in the first half of 2025. Zoopla said first-time buyers and existing homeowners who previously delayed moving decisions until mortgage rates fell are helping to drive sales.

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