Supply Of Housing At Six-Month High

The supply of available housing rose to a six-month high in August, according to a report from the National Association of Estate Agents, although demand fell slightly. The average number of houses available for purchase through NAEA agents in August was an average of 41 per branch, the highest level since March when the average was 54. Figures show that the number of sales to first-time buyers increased from 25 collectively in July, to 28 per cent in August, an increase of 8 per cent on August 2015. Read the report on the NAEA website.