Hemnet on the housing market in July
·Increasing number of buyers expect falling property prices
·Unusually high influx of homes for sale in July
·Record activity on the house market for a month of July
The housing market in July was unusually active for a summer month. More houses were both listed and sold than in any previous month of July for as long as Hemnet has had a continuous data. Activity in the apartment market was also high compared to the usual July pattern, albeit slightly lower than in July 2020.In Hemnet’s Buyers’ Barometer, price expectations fell for the third month in a row. The