Twindig Housing Market Index (HMI)

The Twindig Housing Market Index rose by 1.7% last week to 70.1. An interesting week when all market indicators, including this one, pointed upwards: house prices, mortgage approvals and, unfortunately mortgage rates. The UK Housing market seems to be on a different plane to most other markets. Whilst the housing market is not a natural beneficiary of the land of lockdown, (unlike say food delivery services) at the moment the only way appears to be up. However, what goes up often comes down and is this a mad dash to get moving done before ‘Lockdown II’ which might be scarier than the first…