Transaction numbers tumble from last year’s high

While the property market is romping along in the run-up to Christmas, Zoopla expects house price growth to sink to just 1% in 2021, with 10% fewer transactions taking place in the the second half of the…

“Property’s reputation as an inflation-hedge gives it extra appeal, while the prospect of rising borrowing costs is injecting a degree of urgency into the market across all price points,” says Rory Penn …

Surging house price inflation has pushed 4.3 million homes into a higher stamp duty bracket since the start of the pandemic, estimates Zoopla.