Estate agents in the UK sold an average of ten properties in April, according to new figures.

Although properties sold to private landlords were not made clear, the National Association of Estate Agents' (NAEA) findings have been welcomed as positive news for the whole industry.

The NAEA said that the figure, which was up from eight in March and an all-time low of five in August 2008, shows "confidence is returning"to the housing market.

Chief executive of the professional estate agency body Peter Bolton King explained what the upturn means.

"Six months ago people were talking about how British people's attitude to owning property had changed in the recession,"he explained.

"The NAEA always said that this was nonsense and that demand for property remained strong, but confidence in the market had gone."

Nationwide Building Society revealed that the average cost of a UK property in April was £151,861.

Written by John Weeks
ADNFCR-2002-ID-19175046-ADNFCR

Related posts:

  1. Observers ‘should be critical of new sales figures’
  2. Government ‘should do more for the housing market’
  3. More Britons looking to rent, says NAEA
  4. Letting agents ‘deserve praise’
  5. Rate cut ‘will not trigger rush of sales’

Leave a Reply

You must be logged in to post a comment.

HOME