Estate agents seeing more house hunters

Michael Lloyd

August 29, 2019

The number of house hunters registered per estate agent branch increased in July, from 305 to 316, ARLA Propertymark has found.

Housing demand has grown since July 2018, with the number of properties available per member branch increasing to 41 in July.

Mark Hayward, chief executive, NAEA Propertymark said: “The summer is typically a quieter period as house buyers and sellers put their plans on hold with housing market activity stalling as a result.

“However, this has not been the case this year.

“Buyers can only delay the need to move for so long and we’re now seeing buyers storm the market hoping to complete transactions before the end of October.”

The number of properties available per member branch also increased in July, from 37 in June to 41.

The number of sales agreed per member branch remained at nine in July, the same level for the third consecutive month.

The number of sales made to first-time buyers also increased rising from 23% in June to 26% in July.

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