Parts of the UK property market are facing a supply
shortage, with a quarter fewer properties listed for sale in England and Wales
in March 2021 than compared with the same time last year. This is more of
a problem in the market for houses rather than flats, as the number of houses
listed for sale was 33% lower over the 12-month period while the number of
flats was 7% higher. Analysis also revealed that it is more acute in parts of
the country that have experienced stronger demand due to successive COVID-19
lockdowns. Among the house listings, the number was 3% down in London compared
to a drop of 42% in south-west England. Read more on the Yahoo Finance website.
Property: Supply dries up in UK housing market as listings shrink by a quarter (yahoo.com)
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