Market Buoyant During Summer

Summary


THE housing market emerged from summer with estate agents welcoming an increase in the number of properties on the market - and reporting that the traditional summer "dip" was less severe than expected. For the first time since April 2009, the number of properties available to buy rose, from 59 in July to 64 in August, according to the National Association of Estate Agents.

This suggests that as the market picks up the stock of properties should increase as a result of buyers working their way through the system. As expected during the summer holiday period, estate agents recorded a fall in the number of people looking to buy a property, from 292 in July to 238 in August - the lowest number of any month in 2009.

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Extract


Market Buoyant During Summer

However despite that fall, sales remained relatively strong, with the ...

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