![]() |
![]() |
![]() |
Housing market prepares for summer slow-down.
Key findings:
Supply of properties:
Number of properties available to buy per branch over a ten-year period.
Demand for housing:
Sales to first-time buyers and sales per branch:
Mark Hayward, Chief Executive of the National Association of Estate Agents said: “We see this every year. House hunters desperate to get their offer accepted, and sellers on a mission to find suitable buyers, flock the market in May. They’re hoping to get everything tied up so they can enjoy their summer holidays without worrying about viewings. But those willing to be more flexible might do well to hold off until the market’s quieter in July and August. Not everyone heads abroad over the summer, with lots of people opting for winter sun instead, so while the market is undoubtedly quieter, competition is a little less intense, which might better suit some buyers and sellers.”
The above information has been gathered by Life-Style Property Services from the Housing Market Report produced by the NAEA Propertymark.
Whether you are just toying with the idea or actively looking to sell or rent your property, LifeStyle are more than happy to provide a commitment-free valuation.
LifeStyle Property Services Ltd | registered in England #02937632, vat 639542906 | LifeStyle Letting & Management, vat 800416186