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Tentative signs of UK property market picking up

Posted on 05 February 2013

More house hunters are contacting estate agents in the UK with the latest figures showing numbers up 41% in December last year since their lowest levels for the month in 2008. The December 2012 Housing Market Report from the National Association of Estate Agents (NAEA) shows the number of house hunters reached an average of 282 per branch. This represents an increase on the three months to December, a high point for the quarter and up 7% on the previous month.
‘December can typically be a challenging month for the property market, as many buyers abandon their search until the New Year. However, December’s figures show a healthy December boost, and a substantial gain on the mid-recession low of December 2008,’ said Mark Hayward, president of the NAEA…………………………………..Full Article: Source


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