The final important point is that the impact of the Covid pandemic is not yet over, and its effects on the housing market will not fade quickly. Working from home is here to stay, meaning that the links between where people live and work will loosen further, enabling homebuyers to look more widely when searching for better value. The spike in retirement has also supported more home moves, often involving households with small or no mortgages, for whom higher borrowing costs have less of an impact on such decisions.