Published: 4th May 2021

House prices in small towns and villages have risen almost twice as much as those in cities over the past year, according to a new study. The study by the Resolution Foundation reflects both the pandemic prompting people to choose to live and work outside of busy cities, and the Stamp Duty Holiday. The Foundation’s quarterly Housing Outlook examines the impact of the Covid-19 crisis on housing demand across the UK, and considers what might be driving the disparity in house price growth between different types of areas. The report finds that, while average house prices have risen in the UK since the start of the pandemic, it has been the least densely populated areas of the UK that have seen the biggest price increases. Since February 2020, prices have jumped by over 10% in the least dense tenth of local authorities in the UK, compared to rises of ‘only’ 6% for … (To read the full article, subscribe below)