More homes are coming to a market and a greater number of sales are being agreed, according to data from eXp UK.
New listings climbed by 15.1% between the first and second quarters of 2025, as more sellers entered the market.
Completions dipped by 22.5% compared to the previous quarter, though eXp said this constitutes and expected and temporary reduction, adding that sellers are ‘keen to take advantage of improving market sentiment and the greater market stability that followed once the stamp duty rush had subsided’.
Adam Day, head of eXp UK, said: “Our internal figures show clear evidence that the market is moving in the right direction, even when taking into account the growing foothold we have within the market by way of increasing agent numbers.
“The rise in new instructions demonstrates that sellers are increasingly confident, while the uplift in sales agreed underlines that buyers are also returning to the market.
“Although completions dipped at the end of Q2 it’s important to note that Q1 was a particularly busy period in this respect, as those who stood to make a saving rushed to reach the finish line before stamp duty thresholds reverted back to previous levels.
“However, the increased pipeline of transactions being marked as sold subject to contract points to stronger completion figures in the months ahead, helping to maintain positive momentum across the market.”
Whilst eXp UK has seen an increase in agent numbers between Q1 and Q2, leading to a natural boost in the level of new listings secured by the firm, they have also seen an 8.2% increase in the average number of listings secured per agent between Q1 and Q2 – further evidence that the wider market is moving in the right direction.
