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The housing market today

Feb 25, 2021

A bouyant lockdown year for the housing market

There’s no denying these are difficult times for everybody. With all the uncertainty about, businesses are reluctant to invest too heavily into the future. The housing market however, appears to be flourishing with annual house prices rising nationally on average by 4.3% (the highest since April 2017 according to Zoopla).

 

There are various reasons why the market is particularly buoyant; be it through knock on effects of the lockdowns or indeed the current Stamp Duty Land Tax (SDLT) relief. One thing that is certain is that demand is outstripping supply.) According to traditional Supply & Demand beliefs this should result in further price rises but will it? 

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