The Government will announce initiatives designed to cool the property market and help first home buyers. (First published February 2, 2021)Crazy house prices and frenzied buyers are raising eyebrows and concerns among experts working in the housing market, a new survey reveals. With every month delivering data showing yet more eye-watering house price growth and ongoing reports about heightened sales activity, it is common knowledge the housing market is overheated. Supplied Business people working in housing related areas are concerned about the FOMO they are seeing in the market, economist Tony Alexander’s latest survey reveals. That would, eventually, prompt vendors, who were currently sitting out the market, to capitulate and put more properties on to the market which would boost supply.

Source: Stuff February 16, 2021 15:56 UTC