UK house prices are continuing to increase as a result of the lack of new properties being listed for sale as new buyer enquiries rise, but there are emerging signs that growth could start to slow.
Property prices in Britain hit a new eight-month high in February as the housing market showed little sign of losing momentum amid a growing living cost squeeze.
The Royal Institution of Chartered Surveyors (RICS) said a net balance of +79% of its members reported a rise in house prices in February, up from +74% in January and its highest since June.
House prices continue to rise significantly, despite the phasing out of temporary stamp duty break on property purchases in the second half of 2021.
Read the full article on: Property Industry Eye | MARCH 10, 2022 | MARC DA SILVA
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