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Monday, June 29, 2015

NAEA reports rise in buyers

The National Association of Estate Agents’ May 2015 report says the average agency branch saw 383 house hunters register, up from 344 in April.

Supply of housing stocks remains low, increasing slightly to 46 properties per branch, up from 43 in April. 

Mark Hayward, Managing director at NAEA,  confirmed the continued shortage in supply

"Supply does not meet the rise in demand, and as consumer confidence grows we will continue to see a widening of the property gap. The housing shortage will not be solved any time soon, so as pressure mounts we will no doubt see increases in house prices, making it harder for those stepping on or up the ladder.”

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