Around 1m UK homes have lost all their pandemic price gains, Zoopla estimates

Zoopla estimates over 1m UK homes have lost all their pandemic price gains

It estimates over 1 million properties have lost all of the value gains it made during the pandemic

Around 1m UK homes have lost all their pandemic price gains, Zoopla estimates

It estimates over 1 million properties have lost all of the value gains it made during the pandemic

Over Half of Britain’s Homes Tumbled in Value at the End of 2022

More than half of Britain’s homes fell in value in the final three months of last year, as high borrowing costs and spiraling inflation weighed on the housing market.

Around 1m UK homes have lost all their pandemic price gains, Zoopla estimates

Weaker market conditions led to housing values starting to fall back in the second half of 2022, the website said.

Around 1m UK homes have lost all their pandemic price gains, Zoopla estimates

Around one million homes across the UK have now had all the gains in value made during the coronavirus pandemic wiped out in recent months, according to calculations by a property website.

Around 1m UK homes have lost all their pandemic price gains, Zoopla estimates

Weaker market conditions led to housing values starting to fall back in the second half of 2022, the website said.