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ARTICLE · 13 JULY 2020

Guernsey's Quarterly Housing Activity Drops Despite Strong June Rebound

Carey Olsen
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Sales activity in the Guernsey Local Market during the second quarter of this year was at its lowest levels for four years according to the latest conveyancing statistics compiled

GuernseyReal Estate and Construction
Jason Morgan
Jason Morgan
Davey Le Marquand
Davey Le Marquand
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Sales activity in the Guernsey Local Market during the second quarter of this year was at its lowest levels for four years according to the latest conveyancing statistics compiled by Unusualities of Guernsey, an independent compiler of local conveyancing statistics.

The impact of the coronavirus (COVID-19) lockdown meant just 15 Local Market house and flats were sold during April, severely affecting the quarterly total. However, in a sign that the housing Local Market is enjoying a rather buoyant post-lockdown recovery, there were a total of 82 houses and flats sold during June – the most for any month since August last year. When combined with figures for May it means that the second quarter of this year saw a total of 148 Local Market transactions compared to 221 for the same period last year.

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