The UK’s housing market showed further signs of weakness
in July, as the number of property sales fell as uncertainty and a shortage of
supply kept potential purchasers at bay. The number of properties available to
buy on agents’ books decreased to just 35 last month - the lowest amount
recorded for July since National Association of Estate Agents (NAEA
Propertymark) records began 15 years ago. With fewer homes to choose from, there
was also a dip in the number of house buyers registered per member branch in
March; agents had an average of 347 prospective buyers on their books compared
to 384 in June. Read more on Property Investor Today.
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