Number of Homes for Sale Reaches 8-year High

Published on May 31, 2024

The supply of homes for sale in UK has reached its highest point in eight years, according to a report released Thursday from property website Zoopla. The current supply of homes for sale is 20 percent higher than that of April last year, with an estimated £230 billion worth of housing for sale across the four countries. Commenting on the latest report, Richard Donnell, Executive Director at Zoopla says, “The growth in the supply of homes for sale is evidence of renewed confidence amongst homeowners.” The number of house sales agreed is up 13 percent on last year, but supply is growing faster, boosting choice for home buyers....

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