Why house prices are rising so fast in a pandemic – BBC News
By Kevin Peachey and Daniele PalumboBBC News
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UK house prices are soaring. Official figures show they have been increasing at their fastest rate for more than a decade despite the country being gripped by a pandemic.
The UK’s biggest building society, the Nationwide, has described the UK housing market as “buoyant”.
Potential first-time buyers and movers may have more of a sinking feeling, as some watch the likelihood of owning move further out of reach.
This is what is…