According to Rightmove, comparing data between October 2020 and October 2019...
· Demand levels and sales activity remain bouyant in the UK housing market. Rightmove have reported that 'agreed sales' were up 50% in October, with properties selling (sold SSTC), in just 49 days, 15 days faster than a year ago.
· Buyer demand across England was 49% higher year-on-year during the first six days of Lockdown 2.
· The market is currently strongest in the higher price brackets. Year-on-year has been a 106% uplift in sales priced £400,000–£500,000 compared to just 16% for those priced £100,000–£200,000
· Activity levels are also higher in the regions where average property prices are the highest, buyers set to make bigger stamp duty savings in these locations.