UK Housing Market Update - March 2022
"Market remains hot as continued supply-demand imbalance fuels price growth."
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"Market remains hot as continued supply-demand imbalance fuels price growth."
"Highest annual house price growth for 15 years in 2021, with strong momentum leading into the new year."
"There have been two standout events that have caused major disruption to the UK housing market."
"Housing market commentators have focused a great deal on the race for space over the past 18 months."
"Market’s momentum underpinned by mortgaged home movers."
"The housing market defied gravity in 2020 with price growth of 7.3%, the first time in modern history that house prices have risen in a recession."
"Values and activity both show growth after a slow start to the year."
"Despite the current gap between rental supply and demand, we expect the market to progressively stabilise with stronger rental growth in 2022"
"Despite lockdown and recession, more homes crossed the £1 million value threshold in 2020."
"Value growth remains at a high, while the summer surge of activity slowly winds down."