News
NATIONAL ASSOCIATION OF ESTATE AGENTS
HOUSING MARKET REPORT
JANUARY 2011
KEY FINDINGS
- Number of house-hunters registered per branch increased on average from 227 in December to 252 in January
- Number of sales agreed per branch increased from 4 in December to 6 in January
- Average number of properties available for sale per branch increased from 64 in December to 69 in January
- Percentage of first time buyers (FTBs) decreased slightly from 25 per cent to 24 per cent
The UK housing market experienced a relative increase in activity in the opening month of 2011. NAEA members reported a rise in demand amongst house hunters and also an improvement in the number of offers from sellers – signaling a recovery following the traditional December slump but largely still in line with figures reported at the same last year.
