Following the wind-down of the stamp duty holiday at the end of September, activity levels in the UK property market are predicted to remain high, albeit not at the same frenetic pace seen during the first half of the year. According to new research from Knight Frank, the data for August is unambiguous and shows demand remains exceptionally strong with the number of new prospective buyers registering during the month up 24% against the five-year average. With demand undeniably strong, the big unknown is supply. How quickly it picks up will be a determining factor for transaction volumes and prices. Read more on the Property Reporter website.
Housebuilder Vistry warns of losses amid heavy discounting on unsold homes
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Group blames expected £30m loss in first half of year on weakening market
and lower consumer confidence
Vistry Group, one of Britain’s biggest housebuild...
2 days ago
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