Property transactions are set to be the highest since the Covid bounce-back year of 2022, new statistics reveal.
Total deals are on course to reach 1.18 million in 2025, data firm TwentyEA claims. The volume of sales agreed is at 791,000 so far this year, 6.8% up on 2024. TwentyEA now forecasts transactions this year will be 7% higher than the 1,102,400 purchases recorded last year.
Demand up
Demand in 2025 has grown across all UK regions except Northern Ireland, with the strongest increases seen in the North West (10.9%) and Wales (9.9%).
Overall, growth is more pronounced in the Midlands and the North compared to London and the South, according to TwentyEA.
This upward trend spans all price bands, with the highest growth in the £350K–£1 million range (9.5%), followed by £200K–£350K (8.8%).
Strongest market
In terms of supply, year on year growth has continued across all price bands, with the strongest market in £350K to £1 million properties, up 5.8%, closely followed by a 5.5% growth in the price band of £200K-£350K.
Outer London is leading the way with 8.0% YoY growth, while supply elsewhere has increased most in the Midlands, the East and the North East.
Demand volumes have been consistently higher in every single month of 2025 so far.”
Katy Billany, Executive Director at TwentyEA says: “Despite the changes to Stamp Duty bringing a noticeable ‘hangover’ to the market throughout April and May, it bounced back with a spring in its step in June.
“Momentum has been further boosted by the most recent interest rate cut last Thursday to 4%, and will possibly fall further to 3.75% by the end of the year, injecting a renewed confidence into both buyers and sellers,” she says.
“When compared to 2024, 2023, and pre-pandemic 2019, demand volumes have been consistently higher in every single month of 2025 so far.”
Property market bounces back for second successive month