Monday, January 16, 2012
Kite flyers stay home.
Estate agentsâ€™ branches are selling less than one new property a week each â€“ the lowest level of new listings ever seen. Just 36,433 properties are currently coming on to Rightmove per week, the lowest recorded in the ten years that the site has been measuring the market. Rightmoveâ€™s monthly survey, out this morning, said that by contrast, there is a record level of search activity, with 44 million property searches in the first ten days of this year, up 27% on a year ago â€“ but with home-hunters facing the smallest-ever choice of new listings.