House prices: 2021 set to be the busiest year for the property market since the financial crash - News Summed Up

House prices: 2021 set to be the busiest year for the property market since the financial crash


It has been the busiest year for the property market since the 2007-08 financial crash, with the number of house sales expected to reach 1.5 million by the end of the year. If this record-breaking prediction made this week by the property portal Zoopla comes to pass, this means that there will have been 45 per cent more sales this year than in 2020 — not bad considering we have been locked down for most of the year and experts were predicting a price drop once the original stamp duty holiday deadline in March had passed. SponsoredThe chancellor Rishi Sunak’s decision to extend the tax saving to June 30, and gradually lower the threshold until September, has added fuel to an already raging fire.


Source: The Times May 27, 2021 22:52 UTC



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