-0.1 on previous index reading
The Housing Pulse stood at 118.8 in October 2021, down 0.1 on last month’s reading but 54.0 higher than a year ago. With factors like excess savings and the extension of the help-to-buy scheme adding to demand, four in five respondents expect house prices to increase over the coming 12 months. On the supply side, the October survey finds that 74% now think it is a good time to sell a property. This is up from just 25% during the first lockdown and points to a rebound in selling sentiment which bodes well for an uptick in activity in the second-hand market.
