Housing Market Fractured As Prospective Buyers Remain In Limbo Over Brexit

NAEA Propertymark data has revealed that sentiment in the housing market is continuing to fall to new lows as the UK remains the hostage of increasing political uncertainty. According to the figures the number of properties available per member branch fell in October, from 40 in September to 39, the lowest amount seen since June. The figures also show that year-on-year, housing supply is down, falling from 40 in October 2018. NAEA Propertymark found that the number of house hunters registered per estate agent branch decreased by 12% in October, from 387 to 341. Year-on-year, housing demand is up, rising from 294 house hunters per branch in October 2018. Read more on the Property Reporter website.

https://www.propertyreporter.co.uk/property/housing-market-fractured-as-prospective-buyers-remain-in-limbo-over-brexit.html