The result of the Covid-19 pandemic on the Welsh housing market has been substantial, with every month data from financial companies, property portals and the Office for National Statistics (ONS) revealing a record high in the average house prices in Wales.
Widening to a UK perspective, the period during and post-pandemic even saw the rare event of a 'full house' not seen since 2007- when all regions of Great Britain and Northern Ireland saw a percentage increase. Find out more about that here.
Property portal Rightmove has put this pandemic 'buying frenzy' down to potential buyers' fear of missing out in the current competitive market, which is said to be fuelled by rising activity from both buyers and sellers and the continuing shortage of available stock.