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 ListingsProperties Sold
Apr 12Apr 11Apr 12Apr 11
NATIONAL9.5-1.413.3-7.3
Central England14.90.44.8-10.7
East Anglia12.713.518.23.4
East Midlands1.2-3.47.2-8.3
London-3.1-21.314.5-9.9
North East-22.7-8.3-24.8-11.1
North West4.7-4.48.3-40.9
Scotland25.8-1.820.5-4.5
South East33.4-11.619.45.2
South West18.9-1.8295.1
Wales179.685.46.5
West Midlands9.9-210.50.8
Yorks & Humber-16.1-3.9-14.3-22.5
New ListingsProperties Sold
Feb -
Jul 12
Feb -
Apr 11
Feb -
Apr 12
Feb -
Apr 11
NATIONAL12.414.817.914.1
Central England6.47.413.912.5
East Anglia12.614.220.215.2
East Midlands11.116.814.717
London78.418.520.6
North East7.68.114.210.6
North West11.816.320.61.6
Scotland20.22619.918.5
South East20.411.320.118.5
South West10.912.316.515.8
Wales15.721.52011.5
West Midlands13.616.916.318.8
Yorks & Humber915.212.29.1
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