Property market momentum in May

The latest data from the Agency Express Property Activity Index has revealed momentum for the UK property market in May. National month on month figures saw robust increases with new listings ‘For Sale’ sitting at 15.4% and properties ‘Sold’ at 8.1%.

The buoyant trend continued across the UK with regional hot spots in the West Midlands and East Anglia. The largest decline in this months index was recorded in the South East with ‘Sold’ figures falling for the first time this year, at -5.4%.

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

Throughout May we typically see a slower pace across the UK property market, so this month’s figures have exceeded our expectations. Moving in to June, activity is thus far on trend and we remain optimistic for a buoyant summer.

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

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