An uptick of property sales completions from 1.1 million this year to 1.5 million in 2025 has been predicted by Zoopla in its latest report.
Sales completions this year totalled 1.1 million, a 10% increase from 2023, the study finds, with the trajectory set to grow next year.
The property website believes the growth will be driven by improvements in affordability and growth in incomes encouraging more home moves.
First-time buyers will remain the largest buyer group supporting housing chains and unlocking moves for existing homeowners, Zoopla predicts, while it estimates a 2.5% price increase next year.
Further finding of the report revealed the average time to sell in 2024 was 33 days, down from 34 days in 2023, with three bedroom semi-detached homes the most popular properties.
Falkirk in Scotland was the UK’s fastest moving market with a time to sell of 15 days, while May was the most popular month to list a property for sale.
The Zoopla website received most visitors in January, followed by March and February.
This year saw an increase in the popularity of floorplans on Zoopla listings, with 80% of buyers heading to the floorplan of a property before the photos.
‘Freehold’ took the top spot as the most popular word searched for on the website, for the second year running.