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Friday, 16 April 2010

Housing Market Activity Picks Up

The National Assoc of Estate Agents has confirmed a report earlier this week that activity in the housing market has picked up, with the number of potential sellers at its highest level for six months and the number of prospective buyers up 7%.

A Rics survey early this week showed supply picking up strongly, leading to a possible stabilisaiton in prices. The NAEA survey shows the number of properties on agents' books rising from an aveage of 56 to 60 in March.

Sales have also risen from an average of 6.8 per branch in February to 8 in March, no doubt helped by the improvement in the weather!

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