NAEA Propertymark has reported that, despite a month-on-month increase, housing supply hit the lowest level on record for the month of March. An average of 37 properties were available to buy last month, a 9% increase from 34 in February. After demand dipped in February, the number of house hunters registered per estate agent branch rose by 17% in March, from 252 to 296. This is similar a level to January, when 297 prospective buyers were recorded per estate agent branch. Year-on-year, demand was the lowest level recorded for the month of March since 2013. Read more on the Best Advice website.
There’s no point building homes that people can’t afford | Letters
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