Feel-good fac­tor re­turns to mar­ket

Yorkshire Post - Property - - PROPERTY -

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.”

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