Landmark: Residential Property Trends, Q4 2024

Posted on16 January 2025

Landmark's Q4 2024 Residential Property Trends Report is now available.

This report features the latest data on residential property transactions, including listings, SSTC/SSTM figures, search orders and completions.

Our data for Q4 ‘24 confirms that 2024 achieved a stable but depressed market that lagged behind pre-pandemic levels. However, the continued healthy listings supply illustrates the potential for the market to bounce back quickly should economic conditions improve.

The disparity between supply and demand continued in Q4 ‘24. Listings volumes were up 8% compared to Q4 2019 in England and Wales, while SSTC volumes were down 33%. Seller appetite remains, but affordability constraints are likely hampering progress through the pipeline.

Other key findings from Q4 ‘24 include:

- Listing volumes in England and Wales were up 8% in Q4 ‘24 vs Q4 ‘19. In Scotland, listing volumes were up 5% in Q4 ‘24 vs Q4 ‘19.

- In England and Wales, SSTC volumes in Q4 ‘24 were down 33% compared to Q4 ‘19 volumes. SSTM levels in Scotland were only down 5% in Q4 ‘24 vs Q4 ‘19.

- Completions were down 37% in England and Wales in Q4 ‘24 vs Q4 ‘19. In Scotland, completions were down just 13% in Q4 ‘24 vs Q4 ‘19.

Download your copy of the Cross Market Activity edition for England, Wales and Scotland, which includes the latest residential property market data and insights for Q4 2024.

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