Why Is Boxing Day The Busiest Day For Buyers & Sellers?

Year after year, the holiday season has proven to be a busy time for the property market.🏡

The Boxing Day Bounce

Boxing Day arrives, and many people spend their time surfing the web on their phones, tablets, and PCs. In fact, many people take advantage of the opportunity to be proactive and start planning for the future. Whether it’s thinking about downsizing because the kids have fled the nest, upsizing to suit the demands of a growing family, or moving closer to the grandkids, it’s only natural to start thinking about the New Year, and many people are eager to make a fresh start or improve their lives.

As a result, you’ll see a lot of people looking for property throughout the holiday season; this phenomenon is known as “The Boxing Day Bounce.”

Last year’s record-breaking figures!

  • Rightmove recorded its busiest-ever festive period for home-mover activity, with buyer demand up by 23% compared to the same period last year.
  • The number of new sellers coming to market was up by 21% on Boxing Day compared to Boxing Day in 2020. This was the highest number of new sellers on Boxing Day Rightmove has ever recorded.
  • Rightmove also recorded its busiest-ever Boxing Day for visits to its site and apps.
  • On December 30, prospective sellers sprang into action, making it the busiest day for people requesting property valuations in 2021. This day ranks among the top ten busiest days ever for these valuation requests on Rightmove.

Thinking about selling? Miller Metcalfe have 18 hubs across the North West. Our property experts are always on hand to assist you with any of your property needs. Contact us today. Visit https://millermetcalfe.co.uk/contact-us/ to find your local branch.

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