Comments are made by Rightmove's data chief Tim Bannister in the portal's latest house price index commentary.
Read MoreRightmove reports Spring moving ‘frenzy’
Cost of living and energy crisis and rising inflation and interest rates fail to slow house price surge in the UK, says Rightmove in its latest report.
Read MoreFirst half of 2021 busiest EVER for estate agents, says Rightmove
The portal says it's been an extraordinary six-months for the housing market during which demand has been outstripping supply heavily.
Read More1.7 million properties will never make EPC band C says survey
Problems for letting agents loom as Rightmove research shows many rental properties will never make the required band C required by 2030.
Read MoreIndustry records fall as 23% of homes take under a week to sell in ‘crazy’ market
Rightmove says homes are taking juts 45 days to sell at the moment, the fastest ever reported by the portal.
Read MoreGovernment officially launches 95% LTV mortgage scheme for FTBs
Scheme is for all homes for sale under £600,000 and will run until the end of the year and be limited to £3.9 billion.
Read MoreCompetition driving extreme home mover behaviour, says Rightmove
Portal reports surge in vendors who have no onward property to buy and who are renting instead to be 'no chain' buyers later.
Read More‘It’s going to be a wild ride’ say agents as Spring market begins strongly
Portal reveals that number of buyer enquiries are at record levels and that sales agreed are 12% up on March last, before the first lockdown.
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