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Should I Sell My House And Rent Now?
You might be tempted: this year started with buyers calling the shots as desperate sellers slashed prices but now agents are jostling to secure the few homes for sale and prices are leaping.
Step out of the market now and you may miss the first stages of the next rally, or find yourself unable even to find a family home to buy.
But How Can Prices Be Rising In A recession?
It is all about the lack of homes for sale. Sellers have been held back by demands for huge deposits, unemployment and the cost of moving. As a result, Savills says, there were as few as 40,000 sales a month in the downturn, 75 per cent lower than in the boom.
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