Property: Average house prices hits new high in March as spring market surges

HomeLifestyle

Property: Average house prices hits new high in March as spring market surges

Russell Galley, Managing Director, Halifax explains this equates to an average rise of £15,430 in cash terms and suggests: “The continuation of Gov

Britain’s dogs have put on an average of 3.3kg each since pandemic began
New driving law: Campaigners say more average speed cameras would be 'very effective'
How Biden benefits are stifling economic recovery as average weekly unemployment payments nearly DOUBLE in two years


Russell Galley, Managing Director, Halifax explains this equates to an average rise of £15,430 in cash terms and suggests: “The continuation of Government support measures has been key in boosting confidence in the housing market. 

“The extended stamp duty holiday has put another spring in the step of home movers, whilst for those saving hard to buy their first home, the new mortgage guarantee scheme provides an alternative route onto the property ladder.”

Looking forward, Russell observes: “Overall, we expect elevated levels of activity to be maintained in the coming months, with consumer confidence spurred on by the successful vaccine rollout, and buyer demand still fuelled by a desire for larger properties and more outdoor space, as work-life priorities have shifted during the pandemic. 



COMMENTS

WORDPRESS: 0
DISQUS: 0