Property Sales Experience Impressive Surge In 2024
Thu 29 Feb 2024
Pelham James, your bespoke estate agent in Rutland & Stamford are delighted to report that the 2024 UK property market has demonstrated remarkable resilience and growth so far in 2024.
Home sales figures achieved in the first two months of 2024 have dramatically outpaced the same months in 2023. It's an interesting time for Rutland & Stamford homeowners and prospective sellers as we observe an upward trajectory across the board.
Leading the surge, London boasts a staggering 19% increase, making it the beacon of the property market's strength. The South East and East Midlands closely follows with an impressive 15.8% upswing each.
East Anglia and the South West are neck and neck, both celebrating a 12.9% rise. The North East at 12.4% with the West Midlands and Yorkshire & Humberside regions not far behind, with a solid 12.2% increase in property sales.
Wales shows a double-digit jump of 10%, while the North West hits an 11% rise, suggesting a healthy and broad-based recovery. Even Scotland and Northern Ireland, with more modest increases of 5.2% and 6.6% respectively, are partaking in the property market's success.
