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Property sales highest in 18 months

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  • Property sales highest in 18 months

    Latest figured from the National Association of Estate Agents (NAEA) show that estate agents sold on average 10 properties in April, up from 8 in March and the highest level in 18 months.

    Chief Executive of NAEA Peter Bolton King comments "What we are beginning to see now are consistent positive indicators that have held firm or improved since the beginning of the year…. These figures show that (market) confidence is returning"

    Other interesting facts from the NAEA Housing Market Survey include that the average selling price across all house types in April was 6.2% lower than the asking price and the average number of properties available for sale increased from 67 in March to 76 in April.
    Independent Mortgage Advisor, expert in residential, buy to let, holiday let, and refinance mortgages

  • #2
    I do wonder how much of this is seasonal. Also, low interest rates, low house prices, first time buyer deals are all contributing to the current bouyant market. Meanwhile the economy is in dire straits, people everywhere are loosing their jobs, companies are going under - how much lower house prices will go and how much longer can the present busy market can be sustained?

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    • #3
      the market looks like is improving also hard to hunt now bargains

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