The ending of the 'tapered' stamp duty holiday has had little impact on buyer demand which remains higher than typical levels for this time of year.
The demand coming from buyers searching from space and making lifestyle changes after consecutive lockdowns, has further to run.
Balancing this however, will be the ending of government support for the economy via furlough and more challenging economic conditions overall, which we believe will have an impact on market sentiment as we move through the last quarter of 2021.
The market is expected to remain busy compared to historical norms, and for price growth to remain in firmly positive territory at the end of the year, although lower than current levels of +6.1%.
Stock levels will start to rebuild in early 2022 as market activity returns to more normal levels.
Zoopla