Why are there so few homes for sale in the UK- - T

2022-04-05
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Why are there so few homes for sale in the UK? - Today News Post Today News || UK News

In North Devon, Edmund Greaves and his partner are struggling to find their first home. In the area where they are lookingand to gain ground o, which spans 20 sq miles and two sizeable towns, just one or two properties in their price range hit the market each weekcan resume with capacity limits.. They are gone within days.

In Hackney, east London, houses are listed so rarely that one woman estimates she has leafleted more than 300 desirable propertiesbars, hoping to coax their owners into a sale.

In Cambridgeshire, Edward Clarke and his young family have spent two years shuttling between rental homes and are despairing as runaway price growth and high demand force them to rip up their original plans and look further and further afield.

All are victims of a supply crunch in the UK housing market, the likes of which some experts say they have never experiencedThe rain waiting fo. Demand is at historic highs — the number of prospective buyers contacting estate agents about properties is close to double the recent average, according to property portal Zoopla — and supply has dwindled.

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