Property transactions expected to hit 1.18 million in 2025

by Henry Thomas
August 11, 2025
397 views

Demand has risen in every UK region except Northern Ireland, with the North West and Wales seeing the largest gains at 10.9% and 9.9%, respectively

The UK housing market is expected to record 1.18 million transactions by the end of 2025, according to new figures from analytics firm TwentyEA.

The company’s latest data shows that 791,000 sales were agreed between January and July, representing a 6.8% increase on the same period in 2024 and marking the highest level since 2022.

Demand has risen in every UK region except Northern Ireland, with the North West and Wales seeing the largest gains at 10.9% and 9.9%, respectively. Growth has been more pronounced in the Midlands and the North than in London and the South.

Sales have increased across all price brackets, with the £350,000 to £1 million range experiencing the strongest growth at 9.5%, followed by the £200,000 to £350,000 segment at 8.8%.

Supply has also expanded year-on-year in all price bands. The £350,000 to £1 million range posted the highest growth at 5.8%, while the £200,000 to £350,000 segment grew by 5.5%. Outer London led regional supply growth at 8%, with notable increases also seen in the Midlands, East and North East.

Despite the changes to Stamp Duty bringing a noticeable ‘hangover’ to the market throughout April and May, it bounced back with a spring in its step in June, said Katy Billany, executive director at TwentyEA. Momentum has been further boosted by the most recent interest rate cut last Thursday to 4%, and will possibly fall further to 3.75% by the end of the year, injecting a renewed confidence into both buyers and sellers.

When compared to 2024, 2023, and pre-pandemic 2019, demand volumes have been consistently higher in every single month of 2025 so far. Given this sustained growth, we’re confident 2025 will remain buoyant, with a healthy pipeline of deals for estate agents, she said.

She added: We forecast transactions will be in-line with the pre-pandemic year of 2019 to reach 1.18 million by the end of 2025 – 7% higher than in 2024 which is exceptional news for estate agents.