Did the local housing market experience a ‘spring rush’ despite the current state of the UK economy?
Every spring sees a boom in the housing market. Almost without fail, the market seems to hold its breath through the winter until springtime, when suddenly it is flooded with homes for sale and buyers with mortgage offers.
So what happened this year? The media seemed to be happy knocking the British economy. Interest rates were in a state of flux. The market too was still uncertain following the pandemic and the new ‘work-from-home’ trend.
In our article we look at this ‘spring rush’ phenomenon in the local market of Bath and Bradford on Avon, Wiltshire and Somerset, to see what actually happened this year. Also, what understanding of the market – for buyers and sellers – we can draw from the evidence.
