Demand for overseas property from UK househunters has reached record levels according to Rightmove Overseas.
The data shows that searches on Rightmove Overseas in June reached their highest point for the year, and were up 28% year-on-year.
Searches for property in Spain were up 25% compared to June last year, whilst France recorded a 32% year-on-year rise. In Portugal, the uplift was 24%, and in Italy it was 17% higher according to Rightmove Overseas.
Rachel Beaton, overseas insights expert at Rightmove, said: “We’ve seen a gradual resurgence of interest from home-hunters looking for properties abroad since April, but after the government confirmed there will be easing of travel restrictions to certain countries we saw demand for overseas homes rise even further to record-breaking levels.
I noticed a lot more houses on the market in some areas of England. Whether the time to look translates into sales we will have to see. Prices have not seemed to go down despite more houses on the market.
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agreed
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Interesting. I thought Real Estate would be one of the hardest hit with the Pandemic. Thank you for following my blog.
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pleasure madam
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I am not surprised at all. Great info my friend. I think people in the US are looking for better days. Love ❤️ Joni
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thanks
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Nice! Thanks for sharing. Very helpful to me.
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Welcome
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