Tuesday, 13 January 2015

Estate Agents Expect Housing Crisis to Worsen In 2015

A survey of estate agents has revealed a gloomy prognosis for 2015, with the housing crisis predicted to get worse as the supply of homes declines in the face of rising demand. On its November Housing Market Report, the National Association of Estate Agents found that almost half (46%) of member agents think that demand for property will increase in 2015, while members were split on whether the same could be said for housing supply. One in five agents (21%) think levels of stock will decrease this year and a third (33%) expect them to stay the same – which, combined with a rise in demand, will mean a heightened housing shortage. Read more on the Housing Excellence website.

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