Stay updated with breaking news from Chris Stonock. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
While the pace of property price inflation has eased, the cost of a home rose all over the country last month with hefty spikes seen in Northern Ireland, Wales and the West Midlands.
Buyers delay purchases until 2022
While the pace of property price inflation has eased, the cost of a home rose all over the country last month with hefty spikes seen in Northern Ireland, Wales and the West Midlands.
Rics said that current sales boom is not expected to last once the stamp duty holiday ends, but inflation will continue.
House prices jumped sharply again in April as a slowdown in the number of homes coming up for sale continued to hit the market. Estate agents are lapping up strong sales and a spike in buyer interest, but new listings remain woefully low, the Royal Institute of Chartered Surveyors said. Chris Stonock, an estate agent and surveyor at Your Move in County Durham and Tyne and Wear, said he had seen another record breaking month for sales in April, adding that 'demand continues to outstrip supply and stock levels are tumbling.' On Tuesday, the Queen's Speech touched referenced Government plans to ...