The 10 UK neighborhoods where home sales have doubled in 2020 - Business Insider

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UK home sales north of £1 million doubled in 2020. Here are the 10 leading neighborhoods for luxury sales — and they're all in the countryside.

across the US, some neighborhoods in the UK are feeling a different effect.

In August, UK home sales north of £1 million were double what they were in 2019, with wealthy buyers flooding the market on a mission for more space amid the pandemic, according to a newAnd million-pound homebuyers are moving quickly, too, with buyers finding properties an average of 18 days faster than they did in 2019, according to Bloomberg and property website Rightmove.

That said, expensive homes in some neighborhoods are moving faster than others, and areas outside London experiencing the highest demand, with the high end of Norfolk and Wiltshire seeing 244% and 174% spikes in sales, respectively. Here are the 10 British neighborhoods that have experienced the highest increase in luxury demand in 2020. East Sussex luxury experienced a 107% increase in sales since 2019. Dorset luxury experienced a 131% increase in sales since 2019. 3. CornwallWiltshire luxury experienced a 174% increase in sales since 2019. Something is loading.

 

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