29/11/2021
2021 is set to be the UK’s busiest property market in 14 years in terms of property transactions, new data revealed, with the pandemic leading to a search for homes with more space.
Zoopla’s latest house price index showed that by the end of the year, one in 16 homes will have changed hands, making it the busiest property market since 2007, even as supply remains constrained.
The high demand is boosting the rate of annual house price growth, which is tracking at 6.9%, up from 3.5% growth in October 2020 and running at a near seven year high
However, the growth marks a slight easing back from the above 7% growth recorded in August and September.
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