London leads the way in UK property market
Aprils Property Activity Index data has revealed continued growth for the UK property market. The London lead the way closely followed by the West Midlands, as both regions reported a record best April since the index’s early record in 2007.
The largest decline in this month’s property market was recorded for the North East. The divide between the North and South property market has continued to widened this month, but on whole the UK property market remains robust.
Commenting on the latest index results, Stephen Watson, Managing Director of Agency Express said: The figures reported by this month’s Property Activity Index have on face value revealed a mixed bag of results for some regions. Nevertheless the performance of the UK property market this year has been promising. Demand for property is rising, the Government’s ‘Help to Buy’ scheme is underway with over 300 developers signed up to the incentive and we are experiencing national growth. The initial outlook for the 2013 property market was one of optimism and I think it is fair to say we remain optimistic.
To read the Agency Express Property Activity Index report in full please click here.