House sales surge in Britain even as household finances worsen       

A desire to leave London and the coronavirus lockdown leads to a record number of homes sold in Britain this summer 
House sales surge in Britain even as household finances worsen       

A record number of homes were sold in Britain between mid-July and early August, as pent-up demand from the coronavirus lockdown and a desire to leave London bucked the usual summer slowdown, even as the financial health of most households deteriorated, surveys showed.  

Property website Rightmove, which says it is used by 90% of British estate agents, reported the highest number of home sales agreed since it began tracking the data more than 10 years ago, with transactions more than 20% higher than the previous record.

More in this section

The Business Hub

Newsletter

News and analysis on business, money and jobs from Munster and beyond by our expert team of business writers.

Cookie Policy Privacy Policy Brand Safety FAQ Help Contact Us Terms and Conditions

© Examiner Echo Group Limited