Momentum in the housing market is building, with a notable rise in both new listings and sales agreed over the first half of 2025, new internal data from eXp UK has revealed.
The analysis, based on the company’s internal performance data, tracks activity across new listings, properties marked as sold subject to contract, and completed transactions in Q1 and Q2 of this year.
The figures show a 15.1% increase in new listings between the first and second quarters of 2025, as more sellers returned to the market amid improving sentiment and stabilised conditions following the end of the stamp duty rush and the reversion of thresholds to pre-pandemic levels.
While eXp UK’s growing agent base naturally contributed to the rise in listings, the average number of listings per agent also rose by 8.2%—indicating a broader uptick in market activity and seller confidence.
Buyer demand appears equally robust, with sales agreed up 13.3% quarter-on-quarter, pointing to increased alignment between supply and demand and a continued sense of optimism in the market.
Again, eXp UK has noted a 6.4% increase in the average number of homes being marked as SSTC per agent in Q2 versus Q1.
The data from eXp UK does show that completions dipped by 22.5% compared to the previous quarter.
The firm believes that this is expected to be a temporary reduction, as the market reset following the changes to stamp duty thresholds and following the surge in sales completing during the first quarter ahead of the 1st April deadline.
However, with a higher volume of agreed sales during Q2 should start to filter through to completions in the following quarter, helping to further stimulate activity as the year progresses.
Adam Day, head of eXp UK, commented: “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.”
Read the orginal article: https://propertyindustryeye.com/housing-market-heats-up-with-more-listings-and-sales-agreed/
