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A Piece of EnglandA UK buy to let property blog |
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Stay informed |
Keep up to date with the Piece of England newsletter covering news and views from the UK property market
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A slight softening in demand was expected with stamp duty relief ending on 31st March. That changed, of course, but the effect will probably not be seen for another month or two. Here are last month's numbers from Nationwide and Zoopla. The big picture - NationwideHeadlines -
Given that the wider economy and the labour market has performed better than expected in recent months, the slowdown in March probably reflects a softening of demand ahead of the original end of the stamp duty holiday before the Chancellor announced the extension in the Budget. City-by-city - Zoopla/HometrackHeadlines -
Liverpool and Manchester continue to show the strongest levels of annual house price growth at a city level, at 6.6% and 6.4% respectively, while prices in Aberdeen are down 1.3% on the year. All content from Nationwide (full report) and Zoopla (full report)
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1/4/2021