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Coronavirus market pulse

How is coronavirus affecting the housing market?

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.

Market health index

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.

No change since last week

Buyer enquiries are up 1% in the last week, down 33% since the pandemic began.

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Property searches on Rightmove and Zoopla are down 2% in the last week, down 2% since the pandemic began.

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Our weekly updates are full of data and insight to help you understand how the coronavirus affects your property.

Our view: The property market is healthy

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.

News about the property market

(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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