Data suggests that demand for flats is reviving after the race for space during the pandemic.
Prospective property buyers have returned to cities, with flats the most highly in demand during the autumn, according to property portal Rightmove.
However, this is not a return to the pre-pandemic property market. Rightmove says there has been a long-term shift with buyers willing to pay more for space and privacy. Prospective buyers have also widened their searches by an average of 50 sq km, perhaps willing to move slightly further away from transport links and High Streets as they spend more time working and entertaining themselves at home."The pandemic redefined the role of the home and placed new emphasis on its importance, and people looked for more room in order to work, exercise, and often teach under one roof," said Tim Bannister, who works in property data at Rightmove.
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