Salford Property News

Increase in demand during second Lockdown

Rebecca Galgut Nov 30, 2020, 13:00 PM
185_Dataloft_inform_Insight

The Dataloft Demand Index shows a +14% increase in housing market demand since the start of Lockdown 2. More time at home means more time spent browsing properties.

Demand dropped from 5th October, reflecting uncertainty in the new Tier system and the looming Lockdown 2 announcement.

Buyers jumped back into action following the start of Lockdown 2, and demand is now only -10% below the peak seen the week commencing 17th August.

With just over 4 months of the stamp duty holiday left, buyers should act now if they want to take advantage of stamp duty savings of up to £15,000.

Source: Dataloft Demand Index, based on visits to agents’ sites displaying the Dataloft Inform widget each week.

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