‘Race for space’ fuelling busiest UK housing market since 2007

Stamp duty holiday also spurred sales with one in 14 homes set to change hands in 2021, says online property portal Zoopla

This year’s property market is poised to become the busiest for 14 years, with one in 16 privately owned homes on course to change hands by the end of December, according to new data.

The property website Zoopla also said the annual rate of UK house price growth was running at 6.9% – up from 3.5% in the same month last year – and that the average cost of a home had risen by £15,500 over the past 12 months.

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Coronavirus | The Guardian

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