Homemover activity hit record high in first half of 2021

The number of homemovers hit a record high in the first half of 2021, with the number of people moving more than doubling in the six months to 30 June to 265,070. The increase in the number of homemovers soared in all regions, led by London at 165% and the wider south east region, where there was an increase of 169%, according to data from Halifax. Across the UK the number of homemovers more than doubled (132%), as did the number of transactions in all regions bar Scotland. In the 12 months to June 2021, 461,010 transactions took place, up by 50%, and the average price paid by homeowners across the UK rose 11% to £387,485. Halifax also found that there were more first-time buyers than in the first half of any of the past 10 years. 

City AM (16/11/2021)   Evening Standard (16/11/2021)   The Daily Telegraph (16/11/2021)