House prices: Property market gains momentum as buyers make ‘once in a lifetime’ plans

However, while it’s the most in-demand property type, supply is low – so it’s no wonder buyers are not hanging around to make an offer. 

Meanwhile flats are taking much longer to sell as their appeal drops, with a one bed flat taking 34 days on average to sell; but it’s still a quicker process than it was in 2019 as the market shows surprising strength following the pandemic outbreak. 

However, Zoopla believes that the next challenge will be the unwinding of the furlough scheme and other government support, stating that it will “test the strength of the economic recovery”.

With schools reopening next month and the UK slowly returning to a state of normality, the report predicted that wealthier homeowners will continue to lead the way for the housing market, as those with no mortgage or more equity look to move. 

But it could be harder for those hoping to take their first step onto the ladder, with Zoopla commenting that “mortgage reliant borrowers will be squeezed out at the margins by some tightening in credit availability”. 

Donald Trump election polls: Trump gaining momentum fast as Biden falters – latest odds

Donald Trump is fighting to win his second term as the US President. The election will take place on November 3 so the candidates have just two and a half months to win votes. And earlier this year Mr Trump’s odds slipped drastically, showing Democratic candidate Joe Biden leading in the polls.

Donald Trump and his competitor Democrat Joe Biden each need 270 electoral votes to win the presidency.

Most states are leaning or solidly in favour of one candidate.

But in some states, the race is too close to call.

According to the latest odds, Mr Trump’s odds are gaining momentum with Mr Biden’s previous surge in the polls dropping off.

READ MORE: US election POLL: Who will win presidential election – Trump or Biden?

In the US the number of votes you win, known as the popular vote, is less important than where you win them.

Most states nearly always vote the same way, meaning that in reality there are just a handful of states where both candidates stand a chance of winning.

These are the places where the election will be won and lost, which are known as battleground states.

Currently, pols in the battleground states appear to show support for Mr Biden, but Mr Trump has picked up momentum fast in recent weeks.

The latest poll conducted by CBC News places Mr Biden ahead with 52.5 percent of the vote, compared to 43.6 percent for Mr Trump.

The publication outlines the Democrats are currently predicted to win 319 electoral college voted, compared to just 126 for the Republican party.

Of those 217 are Democratic safe electoral votes, 91 are likely Democratic electoral votes and 11 are leaning towards a Democratic win.

Of the 126 Republican votes, 95 are safe electoral votes, 28 are likely and three are leaning towards a Republican win.

In total, the body has estimated 93 electoral college votes are undecided and could be won by either party.

The following states are key battleground states with the current outcomes as predicted by the CBC News poll published on August 18:

  • Arizona: Democrat – 50.5 percent and Republican – 46.6 percent
  • Florida: Democrat – 52 percent and Republican – 46.3 percent
  • Georgia: Democrat – 49.4 percent and Republican – 48.1 percent
  • Iowa: Democrat – 48.0 percent and Republican – 49.1 percent
  • Michigan: Democrat – 52.7 percent and Republican – 44.8 percent
  • Minnesota: Democrat – 51.8 percent and Republican – 44.8 percent
  • Nevada: Democrat – 50.6 percent and Republican – 44.5 percent
  • New Hampshire: Democrat – 53.6 percent and Republican – 42.0 percent
  • North Carolina: Democrat – 49.7 percent and Republican – 48.0 percent
  • Ohio: Democrat – 48.1 percent and Republican – 48.7 percent
  • Pennsylvania: Democrat – 52.0 percent and Republican – 45.8 percent
  • Texas: Democrat – 47.9 percent and Republican – 49.3 percent
  • Virginia: Democrat – 53.8 percent and Republican – 42.0 percent
  • Wisconsin: Democrat – 52.0 percent and Republican – 44.7 percent.

Despite polls indicating a win for Mr Biden, the latest betting odds indicate Mr Trump is gaining traction with the electorate quickly.

The Betfair Exchange puts odds of re-election for Mr Trump up 42 percent compared to 35 percent last week.

Joe Biden is at 4/5 odds, which is an implied probability of 56 percent.

Donald Trump’s odds are at 7/5 which is an implied probability of 42 percent.

Betfair Exchange spokesperson Darren Hughes said: “Trump is closing the gap on Biden despite the Democrats getting their National Convention underway and the Betfair Exchange odds suggest The President is by no means out of the race.

“The plan for the Democrats this week should be to put further daylight between them and the Republicans but the early market moves suggest Trump could be more likely to close the gap again.”

Corbyn's legacy being DEMOLISHED as now allies of ex-leader lose control of Momentum

The grassroots group was set up in 2015 on the back of Corbynmania to help secure the Islington North MP’s victory in the leadership contest. The socialist campaign movement was highly influential over the Labour Party during Mr Corbyn’s four-year tenure in the top job.

Following Sir Keir Starmer’s election victory in April, Momentum – which urged its members to back Rebecca Long-Bailey for leader – vowed to “hold Keir to account and make sure he keeps his promises”.

Demanding he stick with Mr Corbyn’s far-left policies, they added: “His mandate is to build on Jeremy’s transformative vision, and this means appointing a broad shadow cabinet who believe in the policies and will work with members to make them a reality.”

But, yesterday allies of Mr Corbyn who oppose Sir Keir’s leadership suffered a severe setback when they lost Momentum’s internal elections.

An internal faction called Momentum Renewal, backed by hard-left MPs including Richard Burgon, Ian Lavery and Jon Trickett, was emphatically defeated.

Not a single seat elected by members to the campaign group’s governing body was won by the faction.

All 20 member representative seats were won by the Forward Momentum, a rival faction which is more willing to support Sir Keir as leader.

One supporter of Forward Momentum said: “There’s two kinds of left in the Starmer era — one that wants to critically engage with what he’s trying to do and another that just wants to carp.”

Drawing a line under the organisation’s previously uncompromising support for My Corbyn’s hard-left policies Gaya Sriskanthan, one of the newly elected representatives, said the results represented “a fresh start and a new direction” for Momentum.

READ MORE: True extent of public HATRED for Jeremy Corbyn revealed in study

Sir Keir Starmer has been Labour leader since his election victory was confirmed on April 4.

In less than four months he has wasted no time in wrestling control of the Labour Party, quickly eradicating Mr Corbyn’s legacy.

In a reshuffle of the Shadow Cabinet the week after his election victory, he sent all of his predecessor’s closest allies to the backbenches.

Only his former leadership rival, Ms Long-Bailey, survived the cull but she too has since been dismissed.

Sir Keir sacked the Salford MP as Shadow Education Secretary last week after she shared a newspaper article that included an anti-Semitic conspiracy theory.

The Labour leader has also taken about replacing senior members of staff appointed to the Labour Party by Mr Corbyn.

READ MORE: Labour crisis as Corbyn’s toxic legacy lives on – report

In another clear sign of a break from the past, Seumas Milne, the former director communications and special adviser to Mr Corbyn, also left his senior role in the party.

Sir Keir vowed “change” in the party when he won the leadership election in April, saying the party had a “mountain to climb” to be taken seriously again.

In his victory speech, he said: “We’ve just lost four elections in a row. We’re failing in our historic purpose.

“Be in no doubt I understand the scale of the task, the gravity of the position that we’re in.

“We’ve got a mountain to climb. But we will climb it, and I will do my utmost to reconnect us across the country, to re-engage with our communities and voters, to establish a coalition across our towns and our cities and our regions with all creeds and communities to speak for the whole of the country.

“Where that requires change, we will change. Where that requires us to rethink, we will rethink.

“Our mission has to be to restore trust in our party as a force for good and a force for change.

“This is my pledge to the British people. I will do my utmost to guide us through these difficult times, to serve all of our communities and to strive for the good of our country.

“I will lead this great party into a new era, with confidence and with hope.

“So that when the time comes, we can serve our country again in Government.”

Momentum chief sends stern warning to Keir Starmer over 'reckless' sacking of Long-Bailey

Jon Lansman, the founder of the pro-Jeremy Corbyn group Momentum, said Labour leader Sir Keir Starmer needs to “build trust” with the left of the party after he sacked Rebecca Long-Bailey. Speaking to BBC Radio 4’s Today programme, he said “divided parties do not win elections” adding that he still has “every confidence” that Sir Keir can maintain party unity, but it will be much harder now.

He added: “Keir wanted to include the other candidates from the leadership election… which was quite right, but what he’s now done is sacked the leading left opponent in that election.

“And in order to unite the party he’s got to build trust, across the party, trust from the left.

“That’s one of the ingredients necessary if you are going to reunite the party and from what he’s done he’s made it much harder for himself.”

But Marie van der Zyl, president of the Board of Deputies of British Jews, welcomed Labour leader Sir Keir Starmer’s sacking of Rebecca Long-Bailey.

Also speaking to BBC Radio 4’s Today programme, she said: “I think it’s an awful situation and Rebecca Long-Bailey’s response was pathetic.

“As someone who aspired to be an education secretary she would be expected to read and understand materials – and that doesn’t make Maxine Peake’s position acceptable or not – she should be fully aware as well of what she was saying.”

READ MORE: Corbynistas lash out at Starmer as they vent fury at Long-Bailey sack

She added: “Keir Starmer has made a very good start, we said, on tackling anti-Semitism in the party.

“We had a meeting with him only last Friday and we have made it clear that we judge what he does, what his actions are.

“And in this case, he’s absolutely acted decisively and has taken very swift action and it’s very reassuring to the Jewish community.”

Ms Long-Bailey, who was branded the “continuity Corbyn” candidate in the recent leadership battle, was sacked after she shared an article on social media which Sir Keir claimed expressed an anti-Semitic conspiracy theory.

As leading left-wing figures in the party spoke out about the sacking of Ms Long-Bailey, the Salford and Eccles MP said Sir Keir needed to live up to his leadership campaign promises of bringing Labour together.

Ms Long-Bailey said: “I completely agree with the need for us to intensively rebuild our relationship with the Jewish community and the wider electorate. I can understand the difficulties of Keir’s position.

“Whilst we don’t agree on everything, we agree on the need for a Labour government and I’ll still do everything I possibly can to make sure that happens.

“The only way that we’ll win a general election is by being unified as a party that’s why it’s so important for me to make the choice not to be critical about the way I might have been treated.”