UK house sales up 19% year on year for December

January 31, 2025

The latest UK monthly property transaction report from the HMRC.

 

  • The provisional seasonally adjusted estimate of the number of UK residential transactions in December 2024 is 96,330, 19% higher than December 2023 and 3% higher than November 2024
  • The provisional non-seasonally adjusted estimate of the number of UK residential transactions in December 2024 is 98,120, 15% higher than December 2023 and 7% lower than November 2024
  • The provisional seasonally adjusted estimate of the number of UK non-residential transactions in December 2024 is 9,850, 3% lower than December 2023 and 4% higher than November 2024
  • The provisional non-seasonally adjusted estimate of the number of UK non-residential transactions in December 2024 is 10,450, 3% lower than December 2023 and 7% higher than November 2024

Summary

October 2024 saw a sharp increase in seasonally adjusted residential transactions of 9% compared to the previous month. Transactions fell back to their previous levels in November 2024 and have remained relatively stable in December 2024, increasing by 3% to 96,330 from 93,610 in November 2024 .

Similarly, seasonally adjusted non-residential transactions saw a spike in October 2024, recording the highest monthly seasonally adjusted figures since these statistics began in April 2005. This was followed by a dip in November, where transactions fell by 33% relative to the previous month. Transaction figures have stabilised in December, increasing by 3% to 9,850 from 9,460 in November 2024.

 

Nathan Emerson, CEO of Propertymark, comments:

“Stamp Duty changes across England and Northern Ireland, more competitive mortgage deals, easing financial pressures and higher house prices are all contributing to higher demand and growth within the housing market. This overall mix of market conditions has inspired many and provided extra confidence many people might have been waiting for to consider their next house move.

“Propertymark member agents reported that new buyers registered per branch have on average increased year on year by 44%. Therefore, with demand rising, now is a compelling moment to consider putting your house on the market. However, activity will likely settle around April especially, allowing those looking to move home to more comprehensively scan the market and negotiate in a slower-paced and more unpressured marketplace.”

EAN Breaking News

Breaking News from the team at Estate Agent Networking. Have a new story to share with us? Then please get in contact today! When and where we can we will refer to third party websites with a 'live link back' where news was released first.

You May Also Enjoy

Overseas Property

Why 2026 is the Best Year to Invest in Dominican Republic Land

If you’re eyeing Caribbean real estate, 2026 offers an exceptional window to invest in Dominican Republic land. The country has emerged as the fastest-growing Caribbean economy, creating ideal conditions for land investors. Tax incentives, infrastructure projects, and rising international interest are converging at just the right moment. Whether you’re searching for beach land for sale…
Read More →
Breaking News

Property expert on how to bag the BEST mortgage deal in today’s market

Finding a good mortgage deal in today’s market demands more than just comparing rates. While the average 2-year and 5-year fixed mortgage rates have gone down this year, they’re still higher than rates pre-pandemic. This means those in their current homes will have to pay more than they once were each month, and new buyers…
Read More →
Breaking News

Halloween Named the UK’s Most Popular Moving Day of 2025

Halloween was the most popular day to move house in 2025, breaking the long-standing trend of summer being the busiest time for home moves. We analysed the data and spoke to industry experts to understand why the peak moving day has shifted and why it fell on an international holiday.  Compare My Move reviewed more than 170,000 house moves made in 2025 and…
Read More →
for sale sign london
Breaking News

Industry Response to Halifax House Price Index

Industry response to the Halifax House Price Index December 2025 The latest index shows that: – On a monthly basis, house prices fell by 0.6% between November and December of last year. Annually, house prices were up 0.3% versus this time last year, although this annual rate of growth had slowed from 0.7% the previous…
Read More →
Breaking News

Halifax House Price Index December 2025

House prices in December 2025 were 0.3% higher compared to the same month a year earlier. UK house prices dipped in December • House prices dipped by -0.6% in December, following a -0.1% fall in November • Average property price is now £297,755, the lowest since June • Annual growth slowed to +0.3%, down from…
Read More →
Breaking News

Homebuyer demand returns following Autumn Budget

New research from Property DriveBuy reveals that Bristol, Tyne & Wear, and South Yorkshire emerged as the UK’s most in-demand areas of the housing market following the Autumn Budget, with as many as 61% of homes listed for sale successfully securing a buyer in Q4 2025. Property Drivebuy analysed residential listings data across the nation…
Read More →