UK property price boom: panic-buying?

BRITAIN HOUSE PRICES
BRITAIN HOUSE PRICES

Is the UK seeing a surge of property panic-buying? The number of properties coming onto the market has dipped according to latest numbers from the Royal Institute of Chartered Surveyors. Yet the cost of buying a property - despite record low Bank of England base rates - is soaring; the average number of sales made by estate agents have hit their highest level since 2008.

What's going on, exactly, and how long can it last? %VIRTUAL-SkimlinksPromo%