So, despite predictions that the housing market might “fall off a cliff” once the June deadline for Stamp Duty had passed, there does not appear to be an end to the house price market boom in sight just yet. July was another very strong month and it remains a strong sellers’ market with 40% of properties selling in excess of the asking price. There remains strong competition for properties with each property on the market having an average of 19 potential buyers.
So what does PLG take away from this that is useful for their clients…?