Further growth for UK property market
The latest data revealed by the Agency Express Property Activity Index shows further growth for the UK property market as national figures rise for a third consecutive month.
Properties ‘Sold’ nationally saw an increase of 14.3%, the largest increase in sales for March since 2011. Properties coming on to the market increased by 11.6%, doubling the figures recorded for the month in 2014.
Commenting on the latest index results, Stephen Watson, Managing Director of Agency Express said: The figures from this month’s Property Activity Index are encouraging. We are now seeing stable month on month increases. Couple that with the fall in mortgage rates and it leaves us optimistic for forthcoming months. Looking slightly further ahead with the upcoming election it will be interesting to see if we witness a stall in the UK property market.
Please click here to read the Agency Express Property Activity Index Report in full.