A focused study group for the discussion of economics and economic policy.
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© 2020 Relevant Protocols Inc.
A focused study group for the discussion of economics and economic policy.
32036 Members
We'll be adding more communities soon!
© 2020 Relevant Protocols Inc.
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People want more space. Price rises are positively correlated to size (see chart) and the value of one-bed flats has slipped since the market reopened. According to Zoopla, the time taken between the listing of a home and its receiving an accepted offer has fallen across the board but the larger the property, the bigger the fall. Five-bedroom houses, which in 2019 took an average of 48 days to attract an offer, are now being snapped up in 32 days, faster than one-bedroom flats. Three-bedroom houses, the category most in demand, are going in just 24 days.
People want more space. Price rises are positively correlated to size (see chart) and the value of one-bed flats has slipped since the market reopened. According to Zoopla, the time taken between the listing of a home and its receiving an accepted offer has fallen across the board but the larger the property, the bigger the fall. Five-bedroom houses, which in 2019 took an average of 48 days to attract an offer, are now being snapped up in 32 days, faster than one-bedroom flats. Three-bedroom houses, the category most in demand, are going in just 24 days.
>"People want more space, so houses are in"
>"People want more space, so houses are in"
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