UK housing demand soars, but low supply slows growth

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UK housing demand soars, but low supply slows growth

Asad Ali
May 15, 2018 04:45 PM
PA-UK houses
General view of houses in Victoria Road, London, named 'the most expensive street in the UK' in 2015 with an average house price of over £8 million. The borough of Kensington and Chelsea is one of the most polarised in Great Britain, with some of the most expensive real estate in the UK just a short walk from several of the most deprived wards in the country - including the area around the Grenfell Tower. Picture date: Wednesday July 12th, 2017. Photo credit should read: Matt Crossick/ EMPICS Entertainment. | Matt Crossick/Empics Entertainment

Demand for UK housing is outpacing supply, with buyer registrations increasing 22% year over year, but lower sales volumes might weigh on price appreciation according to real estate brokerage Haart.

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