More buyers and sellers in market
The housing market experienced a post-Budget boost in April that saw increased numbers of buyers and sellers and strong sales, according to the National Association of Estate Agents.
The average estate agent branch had 62 registered sellers, building on the 60 registered in March. The number of house hunters registering to look for property also increased from 274 in March to 277 in April.
The number of sales agreed across the month remained at eight. Around 21 per cent of sales were made to first-time buyers. President of the NAEA, Gary Smith, says: “All of the trends reported by our members point to reasonably sunny prospects for the summer housing market."