Online agent says pent-up demand is firming up asking prices but data shows London market has failed to rebound
Property sales in most of England have swiftly rebounded to the same levels they were just before the lockdown, although London lags behind the rest of the country and markets in Scotland and Wales remain closed, according to website Zoopla.
Pent-up demand has also meant firmer prices, said Zoopla, with the average asking price of sales agreed in the last week 6% higher than the same week in June last year. Its figures are in sharp contrast with those from Nationwide, which last week said house prices across the UK were falling at the fastest rate since the financial crisis.
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