UK housing market expected to stabilise in 2022 after bumper year

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Price rises predicted to ease, but increases in 2021 still may make it difficult for first-time buyers

The average number of homes for sale at estate agent branches was 20 in November, the lowest figure for two decades.The average number of homes for sale at estate agent branches was 20 in November, the lowest figure for two decades.The year ahead could bring more stability to the UK housing market after a bumper year in 2021 whenA stamp duty holiday that ended in 2021 helped to fuel about 1.5m house purchases across the UK last year, the highest number since before the global financial crisis.

 

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2007 Mark 2

“Bumper year”. Bumper for who? The Tories who altered mortgage criteria to achieve yet more house price inflation? Reason 116/2223 I stopped subscribing to the Guardian.

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