Property website Rightmove, which says it is used by 90% of British estate agents, reported the highest number of home sales agreed since it began tracking the data more than 10 years ago, with transactions more than 20% higher than the previous record.
“Rather than just a release of existing pent-up demand due to the suspension of the housing market during lockdown, there’s an added layer of additional demand due to people’s changed housing priorities after the experience of lockdown,” Rightmove director Miles Shipside said. Only in London was there the typical 2% monthly fall in asking prices, with prices up almost everywhere else in Britain other than London’s commuter belt.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: