The National Association of Estate Agents says the
General Election led to a drop in the number of registered house hunters per
branch by eight per cent in May - and it also reports a sharp fall in the
number of homes selling above asking price. The NAEA says the number of house
hunters registered per estate agent branch fell from an average of 381 in April
to 350 in May - “unsurprising as political uncertainty ahead of the election
stalled buyers” says the association. Only three per cent of properties sold
for more than asking price in May, down four per cent from April and the lowest
level since October. Read more on Letting Agent Today.
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