Number of residential property transactions in Wales 2012-2022
The residential market in Wales took a hit in 2020 due to the coronavirus pandemic, followed by record-high number of sales in 2021 and a decrease in 2022. In that year, there were about 56,000 housing transactions, down from about 64,000 the year before. This includes all residential property transactions with a value of 40,000 British pounds and above. The uptick in home purchases resulted in the average house price peaking in 2021.
