Sales agreed in Wales rose by 15%, while London saw a 1% increase

April buyer demand dropped 4% year-on-year, but sales agreed were up 5%.

It still takes over five months on average to complete a home sale in the UK.

The increase comes despite a surge in new rental stock entering the market during March.

Demand for office space leases is 19% higher than in the same period a year ago.

Market activity remains resilient despite the recent stamp duty increase, with most buyers who missed the deadline still proceeding.

The latest research from Rightmove explores how the UK property market has changed five years on from the start of the pandemic.

Stamp Duty Land Tax (SDLT) rates are changing from 1st April 2025, potentially adding thousands to the cost of moving home.

The property market remains resilient, with positive signs of growth heading into Spring.

Rightmove has reported a muted price rise this month as new sellers lower price expectations.