Time to sell a property falls by almost two weeks

Time to sell a property falls by almost two weeks

House prices are set to hold steady for the remainder of 2020 despite the onset of recession and rising unemployment, according to the latest House Price Index by Zoopla.

Despite the current recession, Zoopla claims that Government support for the economy and labour market together with support for mortgage holders, has reduced the number of forced sellers and limited the downside for house prices. The index predicts that house prices will end the year 2% to 3% higher than at the start. To find out more about this story click here
Source: Property Wire


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This map highlights how uneven UK house price growth has been over the last decade. While some regions have surged ahead, others have seen far more modest gains. It’s a clear reminder that national averages hide wide regional differences, and that property performance is always shaped by local markets rather than headlines.

Recent data shows homes are taking longer to sell than 18 months ago, with only around half achieving a sale. Realistic pricing from day one is crucial to attract interest, maintain momentum, and avoid delays or reductions, ensuring a smoother, more successful sale in today’s market.