Pent-up demand for homes following the UK wide lockdown
has resulted in an unprecedented rebound in new sales agreed, with figures
close to early March levels. The latest data and analysis from Zoopla has
revealed that the suppressed demand has also translated into stronger prices,
with average asking prices of sales agreed in the last week 6% higher than June
2019, an indicator that house price indices might not register immediate price
falls in the short term. According to the portal's research, demand for housing
is now 54% higher than at the start of March. Read more on the Property
Reporter website.
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