Buyer demand eases but remains 55% above ‘normal’ levels
“The stamp duty holiday boosted demand in the housing market, yet buyer demand remains elevated despite the initial holiday ending," says Grainne Gilmore, Head of Research at Zoopla "- signalling that the once-in-a-generation ‘reassessment of home’ has further to run this year."
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House prices in all English cities have now returned to 2007 peak levels
Average property prices across UK cities have increased by 3.9% in the last year, says Zoopla, but the portal "does not expect a material acceleration in the rate of growth in the foreseeable future.
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