Friday, April 20, 2012
Dubious stats; quality headline.
Demand from first-time buyers nudged up in March, according to the NAEA in a report published today. But it said that sellers remained cautious, with 61 properties on the average branchâ€™s books â€“ down from 63 in February. The associationâ€™s monthly housing market report found that the proportion of sales being made to first-time buyers increased from 23% in February to 24% in March. It last reached this level in May 2011. The report also found that on average, estate agent branches had 297 house-hunters registered per branch in March compared with 293 in February