Estate agents in England have seen a rebound in house sales since the government eased coronavirus lockdown restrictions on May 13, property website Rightmove said on Monday.
FILE PHOTO: Property sale signs are seen outside of a group of newly built houses in west London, Britain, November 23, 2017. REUTERS/Toby Melville
“There are signs of high pent-up demand and upwards price pressure, rather than downwards,” Rightmove director Miles Shipside said. The figures do not cover Scotland or Wales, where coronavirus restrictions on property sales are tighter.Zoopla, another property website, reported a similar picture last week, though it warned that the surge in demand may not last through 2020, especially if more people lose jobs when temporary government support measures end.
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