Posted on Jan 14, 2021

Eastbourne Removals Sussex

HOUSING MARKET IN ENGLAND
AND WALES LOSES MOMENTUM

According to RICS, the housing markets in England and Wales weakened in December as regulations were tightened in both countries and the end of the first stamp duty holiday was approaching.

December sales, new inquiries, short-term deals and home price expectations have all softened, according to a monthly survey by the Royal Chartered Surveyors Association of the United Kingdom.

The report provides the strongest evidence to date that the booming housing market weakened at the end of last year as the country faced a surge in infections from the more contagious Covid-19 mutants.

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