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House sales blossom as buyers and sellers out in forcer

21 May 2025 Uncategorised

The number of house sales so far in 2025 is around 5% above the level recorded at the same time last year. The figure comes from Rightmove, the country’s biggest property website, which also says housing affordability has improved because:

  • average earnings are up 5% in the past year with house prices up only 1.2%;
  • the Bank of England has cut interest rates twice in 2025 so far;
  • more interest rate cuts are expected later this year.

Even so, Rightmove advises that the housing market is competitive this summer so keenly-priced homes will find a buyer much more quickly than houses and flats that have over-ambitious price tags.

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