UK housing market buoyant as positive growth trend continues

Of the 12 UK regions covered within the Index, 10 saw month-on-month increases in new listings during April, compared to March, whilst 11 regions saw increases in properties sold. For both categories, figures were also reassuringly positive when comparing performances for April with those of April last year. Specific high-flying regions for new listings were Wales – up by 17%, the South West – up 18.9%, Scotland – up 25.8% and the South East – up by 33.4%. For sold properties, the best regional performers in April followed similar lines with the South East – up 19.4%, Scotland – up 20.5%, the South West – up 29% and Wales – up by 85.4%.

Monthly comparisons of new ‘for sale’ listings for individual towns and cities in April, saw the nation’s hot-spots as Cardiff – up by 32.2%, Glasgow – up 33.4%, Cambridge – up 37.1% and Exeter with an increase of 43.7%. Market leaders in terms of sold properties were Norwich – up by 50.7%, Carlisle – up 55.2%, Cambridge – up 62.3% and Newcastle with an increase of 67.9%.

Commenting on the latest Index results, Stephen Watson, Managing Director, Agency Express, said: "Despite concerns over the impact from the ending of the Stamp Duty ‘holiday’ for first-time buyers and the government’s ‘double-dip recession figures’ announced last week, the UK housing market remains in good health. Our Property Activity Index offers a different view on the market place compared to other indices...it’s a barometer as to what is happening or is likely to happen in the near future, so with the monthly volume of board movements hitting their highest levels in over two years and consecutive month on month growth since the New Year, I am optimistic that we will continue to see strong performances throughout 2012."


Monthly % Changes for April 2012

% Changes for Feb - April 2012

New Listings
% Change over last 12 months vs Previous 12 months

Properties Sold
% Change over last 12 months vs Previous 12 months

New Listings Properties Sold
Apr 12 Apr 11 Apr 12 Apr 11
NATIONAL 9.5 -1.4 13.3 -7.3
Central England 14.9 0.4 4.8 -10.7
East Anglia 12.7 13.5 18.2 3.4
East Midlands 1.2 -3.4 7.2 -8.3
London -3.1 -21.3 14.5 -9.9
North East -22.7 -8.3 -24.8 -11.1
North West 4.7 -4.4 8.3 -40.9
Scotland 25.8 -1.8 20.5 -4.5
South East 33.4 -11.6 19.4 5.2
South West 18.9 -1.8 29 5.1
Wales 17 9.6 85.4 6.5
West Midlands 9.9 -2 10.5 0.8
Yorks & Humber -16.1 -3.9 -14.3 -22.5
New Listings Properties Sold
Feb -
Apr 12
Feb -
Apr 11
Feb -
Apr 12
Feb -
Apr 11
NATIONAL 12.4 14.8 17.9 14.1
Central England 6.4 7.4 13.9 12.5
East Anglia 12.6 14.2 20.2 15.2
East Midlands 11.1 16.8 14.7 17
London 7 8.4 18.5 20.6
North East 7.6 8.1 14.2 10.6
North West 11.8 16.3 20.6 1.6
Scotland 20.2 26 19.9 18.5
South East 20.4 11.3 20.1 18.5
South West 10.9 12.3 16.5 15.8
Wales 15.7 21.5 20 11.5
West Midlands 13.6 16.9 16.3 18.8
Yorks & Humber 9 15.2 12.2 9.1
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