For sale boards boost in 2012

The number of new “for sale” listings jumped 63% in January from December, figures from Agency Express show.



Sarah Davidson, 2 February, 2012

This represents the second largest growth figure since the firm started recording in 2007.

Year on year both new “for sale” listings and properties sold rose 12.4% and 4.2% respectively.

All 12 UK regions saw significant double-digit growth in new “for sale” listings recorded in January compared to the previous month.

Regional hot spots included the South West, up +98.4%, the South East, up +94.6%, the North West, up +80.6% and Wales, up 73.1%.

While all the regions showed significant growth for new “for sale” listings only 9 regions showed month on month growth in January for properties sold.

Wales topped the table of hot spots up +28.1% while London was up +23.9%, East Midlands up +23.6% and Scotland up +19.5%.

The North East saw volumes of sold property drop -30.2% while the South East was down -27.2% and East Anglia was down -1.2%.

Stephen Watson, managing director at Agency Express, said: “Our Index figures for January reflect what our staff and estate agents are reporting - one of the best January’s since 2007.

“Whilst there are underlying factors affecting the positive performances such as the unusually mild weather and the stamp duty incentives pre-March for first-time buyers, I believe consumers are genuinely feeling more optimistic for the year ahead.

“Additionally, with interest rates remaining low and property prices also more affordable, this is a great time to consider a move.”




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