Property activity slows in April

Aprils data from the Agency Express Property Activity Index has revealed a slowdown across the UK property market In April.  National month on month figures for properties ‘Sold’ fell at -1.4 % as did figures for new listing ‘For Sale’ at -1.9%.

This months top performing region was the South East with ‘Sold’ figures rising for a fourth consecutive month at 11.4%. The largest decline was recorded in East Midlands. Falling for the first time this year figures for new listings sat at-14.6%. 

Commenting on the latest index results, Stephen Watson, Managing Director of Agency Express said:

It is not uncommon for us to see a dip in activity throughout April, and this month we have witnessed a marginal decline compared to 2017. As we move in to May we historically we see a further slowdown across the market then a pick up again in June. However, May 2017’s figures were robust so it will be interesting to see if the trend has started to change.

To read the latest Property Activity Index report in full click here:

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