More landed homes sold in Q3 as buyers seek to guard wealth
Lockdown easing, low rates, supply issues led to highest quarterly figure since 2018 Q2
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MORE landed homes changed hands in Q3, as price expectations between sellers and buyers came to an easier match amid a lower-for-longer rates environment.
Data from OrangeTee & Tie showed that in the third quarter of this year, a privileged group snapped up 544 landed homes, more than doubling the previous quarter's 212. It is also the strongest quarter since Q2 2018 when 775 landed homes changed hands.
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