Most of the Major House-Price Indices are in Agreement

Most of the major house-price indices are in Agreement – The Easing of lockdown restrictions and the release of pent-up demand, combined with the nine-month stamp duty holiday, has pushed up property prices. With all buyers (investors and second/holiday home buyers, as well as first timers) in England and Northern Ireland saving up to £15,000 on their property purchase, it is no surprise that they have more cash available to pay for their homes. This has resulted in bidding wars as the number of properties sold above asking price has risen to record levels, with sellers being the winners.
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