Property sales to soar as stamp duty extension rejuvenates market
Signs of a market slowdown earlier this year look set to reverse, according to property experts
A flood of new properties are expected to hit the market
The property market is readying itself for a surge in sales as the benefits of the stamp duty holiday extension begin to take effect.
Early signs of a market slowdown in the first months of 2021 have already begun to reverse, with surveyors reporting an immediate increase in enquiries following the Chancellor’s announcement in the Budget last week.
Expectations of a sales boom over the coming year are at their highest level since February 2020, according to the Royal Institution of Chartered Surveyors latest property industry survey.
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