Coronavirus market pulse
The pandemic has left us all with questions about the housing market. Our market pulse aims to help everyone get a better understanding of the state of the market as we navigate the pandemic.
What is this? We’ve combined several key market statistics to create a weekly score, where 100 represents a healthy property market prior to the pandemic.
Our weekly updates are full of data and insight to help you understand how the coronavirus affects your property.
The key statistics for the property market are all improving and have reached the levels we were seeing pre-pandemic. Buyers, in particular, are very active in the market and with very few homes listing on the market over the past few weeks, it's a good opportunity for sellers who want to move home to list and make the most of this pent-up demand.
(2/6/20) Following the rise in April, house prices have suffered the largest monthly fall in 11 years (BBC) - According to latest figures from Nationwide
(1/5/20) Month-on-month property prices rose by 0.7% in April (This Is Money) - According to the latest figures from Nationwide, property prices surprisingly continued to rise in April
(30/4/20) How badly will coronavirus hit UK house prices in 2020? (City AM) - Experts muse on how the coronavirus may affect property prices, with some predicting them to drop as low as 10%
(28/4/20) Sales of 400,000 homes stalled, says Zoopla (Guardian) - According to property portal Zoopla, the coronavirus has left £82bn of property transactions in "suspended animation"
(27/4/20) Mortgages returning as lenders adapt to lockdown (Real Homes) - UK's top lenders reintroducing their mortgage offers as they find ways to operate during Covid-19 lockdown
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