Housing Market Rebound "Off The Scale" Says Zoopla As Sales Increase By 137%

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.

https://www.propertyreporter.co.uk/property/housing-market-rebound-off-the-scale-says-zoopla-as-sales-increase-by-137.html