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Sunday, August 16, 2020

Housing market has busiest month in more than 10 years

The pandemic has ‘rewritten the rulebook’ as pent-up demand boosts the market, says Rightmove

The housing market has had its busiest month in more than 10 years, with the traditional summer lull replaced by a flurry of activity from buyers and sellers, according to the property website Rightmove.

The site, which typically lists about 95% of homes for sale in the UK, said the “rulebook has been rewritten”, with the boom fuelled by pent-up demand during lockdown accelerating as the summer has progressed.

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