Ac­tiv­ity rises but prices stay static

Yorkshire Post - Property - - PROPERTY -

PROP­ERTY trans­ac­tions across the north are up 10 per cent from April last year, ac­cord­ing to the Se­quence Group, which in­cludes Wil­liam H Brown.

Jo Whin­cup, area di­rec­tor at Wil­liam H Brown, says “Ac­tiv­ity across the north of the coun­try is buoy­ant, but the num­ber of new buy­ers com­ing into the mar­ket is sub­dued, with no an­nual growth. This con­trasts strongly with the national pic­ture, up six per cent an­nu­ally. As such, prices re­main static and be­low their peak of July last year, cre­at­ing a buy­ers’ mar­ket for those look­ing to cap­i­talise on com­pet­i­tive mort­gage rates. National trans­ac­tions are sig­nif­i­cantly higher than last year as the num­ber of mort­gage ap­pli­ca­tions has shot up by al­most a quar­ter.”

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