How long can the UK’s post-lockdown housing market boom last?

Rightmove reports record month with £37bn of sales – but there are signs that things could be running out of steam, writes Ben Chapman

Sold prices edged down slightly in July and analysts think they are heading for a steeper fall (PA)

The UK property market has had its busiest month in more than a decade with more than £37bn of sales going through, according to Rightmove.

The website said sales in July jumped almost 50 per cent on the same month last year while between 5 August and 12 August, sales were up 60 per cent.

Normally the summer is a slow period for moving house, as at least one side of the potential sale is often away on holiday.