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House prices set for sharp rise this summer

Deals agreed between buyers and sellers during March and April will result in monthly price increases of 2.9% in June and 3.7% in July when those deals complete, according to the Reallymoving House Price Forecast April 2021.

Despite warnings from agents and surveyors of limited new supply, activity remains exceptionally strong with conveyancing quote volumes in April at around 60% higher than normal levels for the time of year.

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