Demand rose while supply of available housing dropped in June according to naea / propertymark

July 26, 2017

naea / propertymark latest Monthly UK Housing Report – June 2017.

Demand rose while the supply of available housing dropped in June.

The number of properties sold to first-time buyers increased.

Only two per cent of properties sold for more than the original asking price.

Mark Hayward said: “In May, we saw a period of political uncertainty, with new buyers stalling their house search until after the election. In June however, it seems the market has bounced back, with the number of house hunters rising.

“Although we have seen a decrease in the number of houses available per branch, we have seen a rise in the number of sales – which is typical of this time of year as buyers and sellers push through their property transactions ahead of the quieter summer months.”

Read the latest naea / propertymark Monthly UK Housing Report in full click here.

Allen Walkey

Highly experienced businessman with a successful career in property sales and investment both in the UK and abroad. Now a freelance writer and blogger for the property and Investment Industry, keeping readers up-to-date with changes and events in a rapidly changing world.

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