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18 Sept 07 - House Market Shows Signs Of Revival
Activity in the housing market has started to pick up
again following a slowdown in July, new figures show.
The National Association of Estate Agents said the number
of registered buyers, properties on estate agents' books
and sales per agent all rose during August as the market
prepared for the end of the summer lull. However, with uncertainty
still clouding the current economic climate, the majority
of the figures are still down on the same time last year.
The number of people looking to purchase a home increased
by 3.8% in August as agents reported an average of 326 buyers
registered on their books, compared with 314 recorded in
July. The number of houses for sale also rose as NAEA members
had an average of 81 properties on the market during the
month, against an average of 45 homes the previous month.
Source: National Association Of Estate Agents
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part of the group that owns The Press Association, the UK's
national news agency. Copyright (c) PA Business 2007.
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