UK property market thrives in October
The latest data from the Agency Express Property Activity Index shows no signs of a seasonal slowdown for the UK property market in October. National month figures for new listings ‘For Sale’ sat at 10.6% and properties ‘Sold’ at a robust 20.7%.
Across the UK all regions except for one recorded increases in both new listings ‘For Sale’ and properties ‘Sold’. This months top and most consistent performer was Wales with the Central England closely following.
Commenting on the latest index results, Stephen Watson, Managing Director of Agency Express said:
Octobers Property Activity Index data has reported favourably across the nation. However as I commented last month, while we have seen a spike in activity, figures are stimulated by a recent surge of agents using Agency Express. The Property Activity Index data gives an insight in to current market activity and this data is drawn from our ever growing client base. As we now head in to the last few months of the year we would expect to see a slowdown in activity. Although, with our current level of activity it will be interesting to see how the seasonal slowdown compares to years previous.
To read the latest Property Activity Index report in full please click here: