UK property market momentum in September
The latest data revealed by the Agency Express Property Activity Index shows that the UK property market gained momentum during September. After two consecutive months of a conservative market, the latest figures reported by index showed national growth for both new listings ‘For Sale’ rising by 4.5% and properties ‘Sold’ by 6.9%.
The buoyant trend continued across the rest of the UK with eleven of the twelve regions recorded by the index reporting increases in new listings ‘For Sale’.
Commenting on the latest index results, Stephen Watson, Managing Director of Agency Express said:
Throughout September we historically see an upward trend in the UK property market. The month on month figures revealed by the Property Activity Index are robust, but upon evaluation the year on year figures are subdued. As we now move in to the last three months of the year where a seasonal adjustment is expected, it will be interesting to see how the market performs in comparison.
Click here to read the Agency Express Property Activity Index Report in full.