Buyer boom bucks the trend

Yorkshire Post - Property - - PROPERTY NEWS -

FIRST-TIMERS: The num­ber of house hunters rose to the high­est level seen since 2003 for the month of De­cem­ber, say the Na­tional As­so­ci­a­tion of Es­tate Agents. A third of sales were to first-time buy­ers, the high­est num­ber in De­cem­ber since 2001. Mark Hayward, Man­ag­ing Di­rec­tor of the NAEA, says: “In Novem­ber we saw a sea­sonal slow­down as typ­i­cally it’s un­com­mon for peo­ple to buy and move close to Christ­mas. Yet, our De­cem­ber find­ings have bucked this trend. With de­mand at an all-time De­cem­ber high, 2016 closed on a pos­i­tive note fol­low­ing sev­eral months of un­cer­tainty. How­ever, there re­mains a short­age of homes.”

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