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Will government stimulus head off housing market challenges?

A number of measures have been introduced to help boost activity levels, but the economic outlook remains dark
Will government stimulus head off housing market challenges?

Industry statistics have indicated a flurry of activity in the weeks since the housing market emerged from lockdown, but the government is not fooled that its longer-term health is assured. HM Treasury has thrown cash at the property market in an effort to stir up transactions in the coming months, unveiling a package of stimulus measures including raising the stamp duty threshold, extending the current Help to Buy scheme and allocating £360m for the building of new homes on brownfield sites.

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