Activity rises but prices stay static
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.”