Housing market to moderate following Easter ‘peak’

Ebbsfleet homes

Zoopla predicts reduction in ‘extreme’ supply-demand imbalance as it reports drop in annual price growth

The sharp growth in the housing market is set to moderate over the coming months, online estate agent Zoopla claimed as it revealed that demand for homes peaked in the week after Easter.

In its monthly market report the firm said annual house price growth had slowed to 4% over the past month, down from a post-pandemic peak of 4.5% in January, despite the fact that demand for homes had soared since the start of the year.

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