Sunday, 1 November 2020

Demand For Housing Hits 16-Year High

The usual September rush that floods the housing market has been amplified by the looming deadline of the Stamp Duty Holiday, resulting in the highest number of house hunters recorded in 16 years. According to the latest data and analysis from NAEA Propertymark, in September, the number of prospective buyers registered per estate agent branch rose by 33% from 396 in August, to 525 in September - figures not seen since June 2004, when 581 were recorded per branch. The data revealed that an average of 14 sales was agreed per branch – the highest recorded since August 2006 and a fifth of sales were made to first-time buyers in September – the lowest recorded since March 2013. Read more on the Property Reporter website.

https://www.propertyreporter.co.uk/property/demand-for-housing-hits-16-year-high.html 

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