Property market movement in May
National figures for May reported by the Agency Express Property Activity Index show continual rises in property sales for the fourth consecutive month.
Confidence has grown in the property market and the nations ‘Sold’ board’ figures have shown increases of 8% over a five month period, considerable higher compared to figures recorded for the same period in 2012. Other regions reporting a robust market in may include Scotland and the East Midlands.
Commenting on the latest index results, Stephen Watson, Managing Director of Agency Express said:
The general outlook remains positive for the UK property market. Some regions may have recorded declines; however these declines are a fraction of what has been recorded by the Property Activity Index in recent years. The proactive approach to opening up the property market to a wider range of buyers is now displaying its benefits.
To read the Agency Express Property Activity Index Report in full please click here.