05 Sep Transaction times have increased by 23% in the last 10 years

Reflecting on a decade of trading, we reviewed the property market from 2014 In honour of our 10th birthday this September, we analysed key property trends from then and now, with exclusive data from Twenty EA[1] showing increases in transaction turnaround times, fall throughs and a reduction in transaction volumes.   According to the data, in 2014 the average property turnaround time was 94 days. That figure now stands at 122, an increase of 23 per cent, whilst fall throughs have risen by 11.6 per cent to 23,243 in 2024, compared to 22,613 in 2014. This is more of a concern considering...