The number of first time buyers has increased for the
first time since April this year, according to figures from the National
Association of Estate Agents. The survey of more than 350 members businesses by
the NAEA indicates that 28 per cent of sales were to first time buyers in
August, the first time this has gone up since April. Almost half of all homes
sold were to people aged between 31 and 40 with just three per cent to those
aged 18 to 30. This percentage has been falling gradually since August 2013
when it was 12 per cent. The report also found that 90 per cent of buyers
bought as couples, with seven per cent buying alone. Read more on the
Independent website.
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