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UK house prices reach all-time high – but experts say it'll come tumbling down

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www.dailystar.co.uk

coronavirus "hangover" crash. Figures show the property market has seen records smashed with prices jumping in August to the biggest monthly rise in 16 years.

Demand has been off the scale since the market re-opened after a lockdown freeze with house prices hitting an all-time high.As the summer usually sees Brits heading off on holiday, it won't be the same this year.

In fact, the average home currently costs £224,123, which is 3.7% higher than August 2019, says the Daily Mail. And last month saw the most homes put on the market since 2008, according to Rightmove. Have you been thinking about buying a new property?

Tell us all about it in the comments below... This is due to the backlog left from spring when sales were put on hold during.

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