UK real estate has been enjoying the limelight since the government announced a stamp duty holiday during the pandemic, to keep the sector buoyant. It is one of the most stable markets that proved to be resilient during the global pandemic and experienced high demand with low supply countrywide. The UK real estate market did exceptionally well, especially in the residential sector.
2022 started with a bang for the UK realty market, with house prices grew at the fastest rate in March since 2004. The price of an average house in the market is a fifth higher than at the start of the global pandemic – making it a record-breaking start of the year for the UK property sector.