Real estate: COVID-19 effect on turnover UK 2021

According to a survey of nearly 9,400 businesses in the United Kingdom in the beginning of May 2021, approximately one third of enterprises saw their turnover fall because of the coronavirus (COVID-19) pandemic. The effect on the real estate sector was also severe, but slightly milder, with roughly 24 percent reporting a turnover decrease. Overall, 13.3 percent of all business and 10.7 percent of real estate enterprises, the period was economically favorable.

Distribution of real estate enterprises in the United Kingdom (UK) as of May 2021, by COVID-19 effect on turnover

Characteristic	Turnover increased	Turnover not affected	Turnover decreased	Not sure
Real estate	10.7%	56.3%	24.1%	8.9%
All industries	13.3%	43.9%	33.1%	9.7%

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Release date

June 2021

More information

Region

United Kingdom

Survey time period

May 3 to 16, 2021

Number of respondents

9,436 respondents

Special properties

businesses.

Supplementary notes

The source adds the following information: "Businesses were asked for their experiences for the reference period 3 to 16 May 2021. However, for questions regarding the last two weeks, businesses may respond from the point of completion of the questionnaire (17 to 30 May 2021)."

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