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Which Housing Stocks are in Focus in The UK these Days ?

1 min read | April 20, 2021 06:46 PM BST | By Team Kalkine Media
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UK house prices reached a new high of £327,797 in April, displaying a 2.1 per cent growth over the previous month, as per the latest data from Rightmove, the online realty portal. Tim Bannister, Director of Property Data, Rightmove, said that this was definitely a big price jump as it was only the second time in the past five years that monthly property prices rose by more than 2 per cent. Factors such as an extended stamp duty holiday, cheap mortgages and a burgeoning demand for homes contributed to this rise.

The property portal said that supply was limited last month, with 145,000 properties up for sale on the market last month, which was not sufficient to meet the buyer demand.

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