Change in housing transactions in the United Kingdom (UK) forecasted for 2017 to 2021 (in millions)

Forecast for United Kingdom housing transactions between 2017 and 2021 This statistic illustrates a the number of housing transactions in the United Kingdom (UK) as of May 2017, and the forecast thereof for years from 2018 to 2021. According to the figures as of 2017, it can be seen that the number of housing transactions was forecasted to increase by 180 thousand during this period, from a total of 1.08 million in 2017 to a total of 1.26 million by the year 2021. These figures would lead to an average of 1.16 million transactions per annum between the years 2017 and 2021. This increase in number of housing transactions can be somewhat related to the expected forecasted growth in housing completions in the United Kingdom (UK). It could be speculated that the larger number of housing completions could in turn lead to the higher availability and choice of property units offered for purchase, and as such could lead to lowering of house prices. This consequently could have an effect on the potential increase in the total number of housing transactions conducted on the British market.
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Number of housing transactions in millions
20171.08
20181.11
20191.15
20201.2
20211.26
Number of housing transactions in millions
20171.08
20181.11
20191.15
20201.2
20211.26

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This statistic illustrates a the number of housing transactions in the United Kingdom (UK) as of May 2017, and the forecast thereof for years from 2018 to 2021. According to the figures as of 2017, it can be seen that the number of housing transactions was forecasted to increase by 180 thousand during this period, from a total of 1.08 million in 2017 to a total of 1.26 million by the year 2021. These figures would lead to an average of 1.16 million transactions per annum between the years 2017 and 2021. This increase in number of housing transactions can be somewhat related to the expected forecasted growth in housing completions in the United Kingdom (UK). It could be speculated that the larger number of housing completions could in turn lead to the higher availability and choice of property units offered for purchase, and as such could lead to lowering of house prices. This consequently could have an effect on the potential increase in the total number of housing transactions conducted on the British market.
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Release date
May 2017
Region
United Kingdom
Survey time period
2017 to 2021

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