Feel-good factor returns to market
THERE has been a significant improvement in sentiment towards the UK housing market, according to the latest quarterly Halifax Housing Market Confidence Tracker.
The difference between the proportion of home owners thinking that it is a good time to sell and those who think it is a bad time turned positive for the first time in several regions last month.
Martin Ellis, housing economist at Halifax, said: “The significant improvement in sentiment towards selling a home could help to boost the supply of properties available for sale on the market, which will help ease any upwards pressure on house prices.
“It could also help to increase levels of activity from their still historically low levels.”