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Is there a housing shortage in the UK? Estate agents reveal all – it’s not good news

If you are looking to buy a house you will need to act fast, as the UK property market faces a shortage of properties as demand for homes continues to rise.

UK house prices are continuing to rise, with the most recent house price data suggesting that, despite early indications of a property market slow down at the very end of 2020, demand was stronger than ever throughout January and early February 2021, with house prices rising 0.5 percent month-on-month. The reason for this odd-defying trend is that the UK property market is facing supply shortages amidst unprecedented demand.

 

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