Wednesday, May 12, 2010
Spring Bounce (part the manieth)
Independent: Research shows spring surge for housing market
"The housing market benefited from its traditional spring revival during April as activity levels continued to increase, research showed today. The National Association of Estate Agents (NAEA) reported the biggest jump in sellers since August last year, while there was also an increase in the number of potential buyers.... "All of the trends reported by our members point to reasonably sunny prospects for the summer housing market." But the proportion of properties that were bought by first-time buyers continued to fall, dropping from 23% to 21%. The group said the number of first-time buyers was now getting towards the lower end of what was needed for a healthy housing market, and added that it would push for more measures to help this group from whoever forms the new government."
1 Comment
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1. ontheotherhand said...
The group said that the figures suggested the housing market had bottomed out and was now beginning the "slow and fragile journey towards recovery"
Yawn.