Un­cer­tain times slow the mar­ket

Yorkshire Post - Property - - PROPERTY -

In con­trast, the May Hous­ing Mar­ket Re­port from the Na­tional As­so­ci­a­tion of Es­tate Agents (NAEA) found that sales in May re­mained static.

The av­er­age agent sold eight prop­er­ties in May and had 62 prop­er­ties on its books.

Pres­i­dent of the NAEA, Michael Jones said: “In a mo­men­tous po­lit­i­cal month, amid un­cer­tainty over house prices it’s un­sur­pris­ing peo­ple de­cided to keep calm and carry on. The re­al­ity is that the im­pact of the new coali­tion Govern­ment will not fully be felt for some weeks – al­though we are hope­ful that the de­ci­sion to scrap HIPs will boost the mar­ket.”

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