Coronavirus: ‘Short-lived’ rebound in house hunter demand

Demand from property hunters rebounded as curbs on the sector were lifted in England – but the trend may be short-lived.

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Home: Auction Link » News » Coronavirus: ‘Short-lived’ rebound in house hunter demand

Demand from property hunters rebounded as curbs on the sector were lifted in England – but the trend may be short-lived, analysis suggests.

By Mark Grantham –  27th May 2020

In the week estate agents were told they could resume viewings and people could move again, buyer demand rose by 88%, according to property portal Zoopla.

Although actual sales remained sluggish, and the analysis suggests demand could fall again.

A tough outlook for jobs could affect people’s ability to move home.

Rightmove reported a return to pre-crisis levels of browsing with enquiries from people looking to buy a home at the point restrictions were lifted in England on 13 May.

 Read the full story on the BBC News website.

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