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The reopening of the housing market and government support in the form of the Stamp Duty holiday has brought a short-term rise in house prices and the demand for property. But as the UK enters a recession experts are predicting that the boom will not last, and house prices could fall.
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As the government announces plans to slowly ease the lockdown to restart the UK housing market, which has been frozen since the lockdown measures were introduced, estate agents have been allowed to reopen, organise viewings, and conveyancers and removal firms can restart operations.