The housing market had its busiest month for at least a decade in July as the value of property sales reached a record £37 billion, according to Rightmove.
Agreed property sales rose by 48 per cent compared with the same month a year ago and were 20 per cent higher than the previous record recorded by Rightmove’s monthly survey in March 2017. The momentum in the market has continued in August, with the latest weekly figure showing a 60 per cent rise in sales.
Rightmove said that the £37 billion of agreed sales that it had recorded was the highest since it started tracking the data ten years ago. Its report is the latest evidence of an extraordinary revival in the housing market since the
