Demand for housing in the UK is at its lowest level in
two years with the number of house hunters making enquiries down by a fifth in
April, new research shows. Estate agents also reported that the number of sales
made to first time buyers fell in April. The April Housing Market report from
the National Association of Estate Agents (NAEA) shows there were 325 house
hunters registered per member branch on average last month. This was the lowest
number recorded since March 2014, when there were 313 house buyers recorded at
each estate agent branch. This means demand has decreased by 22% from 417 in
March. Last month, the supply of houses available for buyers also decreased by
35% from 54 properties available in March to 35 in April. Read more on the
Property Wire website.
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