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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