UK prime housing market defies economic gloom, but what comes next?

The UK’s prime residential market – broadly the top 5% to 10% of property by value – has rebounded surprisingly strongly over the summer months as buyers and sellers activate decisions made during lockdown. Record levels of demand have been seen in the country and in prime coastal hotspots, as buyers search for more space and lifestyle change, taking advantage of the value gap between city and more rural locations. What does this mean for prices? And does this spell the end of th...