Friday, 23 March 2018

Buyer Demand Hits Pre-Brexit Levels

The latest data and analysis from estate agent, haart, has revealed that during February, house prices across England and Wales rose by 0.4% on the month and fell by 2% on the year. The average house price now sits at £228,395. New buyer demand for homes rose by 20% on the month and by 14% annually. The number of properties coming onto the market has risen by 15.3% on the month, however is down by 3% on the year. This month there are 15 buyers chasing every property across England and Wales. The market has become less efficient this month, as the number of transactions has decreased as the number of viewings has increased. Meaning that buyers are choosing to look at more properties before they buy. Read more on the Property Reporter website.

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