Levenshulme and Burnage Property News
Shortfall in homes for sale
Tom Simper
Jul 24, 2021, 15:00 PM
According to Rightmove there was a 225,000 shortfall in homes available for sale in the first half of 2021.
In the first half of this year 140,000 more sales were agreed than the 2014 to 2019 average, and yet homes available for sale were down 85,000, creating a 225,000 shortfall.
The shortage of homes for sale has led to record-breaking house prices. The Nationwide house price index reported a 13.4% annual increase in house prices in June.
List your property now and take advantage of housing market demand remaining 26% higher than in 2020. Source: Dataloft, Rightmove, Nationwide, Zoopla
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