According to the Halifax, house prices bounced back strongly in the summer once the Lockdown restrictions were eased.
The bank’s latest report reveals that house prices rose 3.3% in the third quarter to September.
This rise in prices is very much down to the pent-up demand caused by the Coronavirus, the Stamp Duty holiday put in place by the Government and potentially people’s desire for more space.
Read more on this story here: https://www.cityam.com/uk-house-prices-stage-rapid-recovery-in-third-quarter/