The latest data and analysis from Home.co.uk has revealed that the UK property market has stepped up a gear and sent house prices soaring, fuelled by pent-up demand and delayed sales. However, despite surging supply, the overall stock count remains 9.1% lower than in August 2019, as suppressed demand devours the new listings. According to recent figures, estate agents had a phenomenally busy month in July, taking on vast amounts of new instructions at the same time as properties were being snapped up. Moreover, new listings are being placed on the market with markedly higher asking prices. Read more on the Property Reporter website.
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