Bank of England’s Haldane says UK housing market is on fire By Reuters
LONDON (Reuters) - Britain's housing market is "on fire" thanks to a combination of government incentives for buyers, more demand from households with more savings after the COVID lockdowns, and a lack of homes for sale, Bank of England Chief Economist Andy Haldane said. "As things stand, the housing market in the UK is on fire," Haldane said in remarks to a webinar on inequality organised by the University of Glasgow on Tuesday. He said the recent rise in house prices - which topped 10% over the 12 months to March, according to official data...
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