The number of residential property sales has fallen by
20% as many prospective purchasers adopt a ‘wait and see’ approach ahead of the
general election. Each branch of estate agents agreed sales on eight properties
on average in April, down from 10 in March, according to the latest figures
published by the National Association of Estate Agents (NAEA Propertymark). The
trade body found that there were just 36 properties available to buy per branch
in April, down from 39 properties in March. But demand also fell, with the
number of buyers registered with each branch reaching 381 in April, which was
below the 425 recorded in January and February, and 397 in March. Read more on
Property Investor Today.
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