October’s property market bucks the seasonal trend
The latest data from the Agency Express Property Activity Index has revealed robust figures for the UK property market, reporting a record best for October. The index’s month on month data show that figures for properties ‘Sold’ have increased by 2.7% and a year on year increase of 3.4%.
Regional top performers included Scotland up by 18.8% and the East Midlands who recorded increases of 9.1% in new listings ‘For Sale,’ and 2.1% in properties ‘Sold’ both record best figures since October since 2010.
Commenting on the latest index results, Stephen Watson, Managing Director of Agency Express said:
A surprisingly buoyant month for October; month on month figures for properties ‘Sold’ have mostly reported positively across the nation and year on year national ‘Sold’ figures are up by 3.4%. It will be interesting to see if the change in trend will have a positive effect on the forth coming months where we traditionally witness a slowdown until January.
Click here to read the latest Agency Express Property Activity Index Report in full: