- residential property
- property search
- sell your home
- tips for sellers
- moving house
- lettings search
- letting services
- commercial property
- property search
- property services
- surveys & valuations
- surveys & valuations
- mortgages
- mortgages
- other services
- property auctions
News
NAEA: FOUR HOUSE HUNTERS FOR EVERY PROPERTY
06/07/2009
Demand is outstripping supply across the UK housing market, with estate agents registering four house hunters to every available property. The monthly market survey of the National Association of Estate Agents found that the average branch had 299 house hunters on its books in May – up from 265 the previous month and 247 in May 2008. The average branch had 69 properties on its books. For the second month running estate agents also reported a successful selling period. The average branch sold 10 properties, a 30 per cent increase on the same time last year and double that sold on average in August 2008. Gary Smith, President of the NAEA, said: “This is really good news for the housing market and the UK economy in general. “NAEA members are showing that there are buyers a-plenty out there. More often than not these are also potential sellers who are at the beginning of the process – so there is bound to be a lag which creates a shortage of properties in the short term. “With mortgage interest rates at historically low levels and prices now far more realistic than in previous years, home ownership in the UK seems to be set to lead the way out of the recession.”
Other News Items:
- Halifax state that monthly mortgage payments, as a percentage of income, are well down on 2007 02/09/2010
- Government suspends HIPs 27/05/2010
- COMMITMENT TO ABOLISH HIPS IS GREAT NEWS, BUT ACTION NEEDED NOW 18/05/2010
- NAEA: SUCCESS OF STAMP DUTY CAMPAIGN A MAJOR VICTORY FOR FIRST TIME BUYERS 24/03/2010
- OFT has failed to recognise need for regulation 26/02/2010
- NAEA REPONSE TO LATEST CML FIGURES 19/02/2010
- NAEA: RESPONSE TO CML LENDING FIGURES 26/01/2010
- NAEA: Housing market predictions for 2010 06/01/2010
- NAEA: Housing market predictions for 2010 17/12/2009
- NAEA: Government must stimulate housing market to avoid ‘W’ recession 03/12/2009
- Property Experts Demand Change on Stamp Duty 19/11/2009
- NAEA Press Release following Publication of CML Figures 29/10/2009
- NAEA: RECOVERY MUST BE EXTENDED INTO SECOND PHASE 14/10/2009
- NAEA RESPONSE TO LATEST CML FIGURES 22/09/2009
- SELLERS SUFFERING FROM VALUATION BLUES 26/08/2009
- NAEA: PUBLIC ANGER AT BANKS REFUSAL TO LEND 14/07/2009
- NAEA: HIPS DETERRING SELLERS AND STUNTING RECOVERY 11/06/2009
- NAEA: BUDGET MEASURES WON’T IMPACT MARKET TRENDS 27/04/2009
- NAEA: RESPONSE TO BUDGET 27/04/2009
- NAEA: HOMEOWNER SUPPORT WELCOME BUT MORE NEEDED 22/04/2009
- NAEA – SALES JUMP SHOWS CONFIDENCE IS RETURNING 31/03/2009
- NAEA – HOUSING DEMAND IS UP BUT SUPPLY DOWN 26/02/2009
- First Time Buyers Finally Find Hope in the Housing Market 05/02/2009
- NAEA – FIRST POSITIVE SIGNS IN 12 MONTHS OF MISERY 28/01/2009
- NAEA WELCOMES OFT MARKET STUDY OF HOUSING MARKET 09/12/2008
- PRE BUDGET REPORT: FIRST TIME BUYERS NEEDED MORE 01/12/2008
- NFOPP – PRE BUDGET REPORT: FIRST TIME BUYERS NEEDED MORE 27/11/2008
- NAEA – CUT RATES FURTHER AND SUSPEND STAMP DUTY 19/11/2008
- NAEA – BANKS MUST PASS ON INTEREST RATES CUTS TO CONSUMERS 11/11/2008
- NAEA POLL SHOWS THAT DESPITE THE RECENT BANK BAIL-OUT THE NEED FOR A CUT IN INTEREST RATES IS STILL PIVOTAL 03/11/2008
- INCREASING NUMBER OF FIRST TIME BUYERS IS A REAL POSITIVE FROM THE NAEA SURVEY 27/10/2008
- STEP IN THE RIGHT DIRECTION: NAEA RELIEVED AT TODAY’S INTEREST RATE DECISION 13/10/2008
- NAEA MEMBERS REPORT A MARKET SLOWDOWN AS STAMP DUTY INDECISION TAKES HOLD 23/09/2008
- NAEA URGES THE GOVERNMENT TO DO MORE IN ORDER TO RESTORE CONFIDENCE BACK INTO THE MARKET 08/09/2008
- POLL OF ESTATE AGENTS SHOWS STAMP DUTY ISSUE IS STILL CAUSING PROBLEMS IN THE MARKET 01/09/2008
- NAEA MEMBERS REPORT SHOWS SOME SIGNS OF LEVELLING OUT BUT CONSUMERS STILL LACK CONFIDENCE IN THE MARKET 19/08/2008
- HAPPY BIRTHDAY HIPS - WILL WISDOM FINALLY COME WITH AGE? 03/08/2008
- NAEA CONTINUES TO URGE THE GOVERNMENT TO HELP CONSUMERS FURTHER 01/07/2008
- NAEA MEMBERS REPORT A STABLE MARKET BUT CONTINUE TO URGE THE GOVERNMENT TO EASE THE PRESSURE 01/07/2008
- NAEA welcomes recommendations of the Carsberg Report 18/06/2008
- NAEA SAYS THERE IS A NEED TO LOOK REGIONALLY FOR A CLEAR PICTURE OF THE HOUSING MARKET 10/06/2008
- NAEA CALLS ON THE CHANCELLOR TO EASE PRESSURE IN THE HOUSING MARKET THROUGH TAX RELIEF 06/06/2008
- NAEA SAYS NATIONAL PICTURE DOESN’T TELL THE WHOLE STORY 29 / May / 2008 30/05/2008
- NAEA SAY MARKET CONTINUES TO BE STABLE 16/05/2008
- SELLERS AND BUYERS STILL WILLING BUT FIRST TIME BUYERS ADOPT A ‘WAIT AND SEE’ ATTITUDE 28/04/2008
