High demand and low supply could create conditions for housing super-boom, says Nationwide
House prices in April rose at the fastest rate since 2004 as the UK faces a potential sales “super-boom”, with buyers rushing to take advantage of the extension of the government’s stamp duty holiday.
The average UK house price rose 2.1% in April compared with March, the biggest monthly rise recorded in 17 years, according to the mortgage lender Nationwide.