Property market slows again in August

Augusts data from the Agency Express Property Activity Index, has shown further month on month declines for the UK property market with national ‘For Sale’ figures at -6%, and properties ‘Sold’ at -3.6%.

The trend continued across the nation with only five of the twelve regions reporting increases for the month. This months top performer was Scotland and the largest declines were recorded in London and the East Midlands.

Commenting on the latest Property Activity Index results, Stephen Watson, Managing Director of Agency Express said:

Throughout August a seasonal adjustment is anticipated and although many regions have seen a substantial slowdown, we continue to see year on year growth albeit it at a slower rate. As we move in to September our outlook remains positive and we anticipate the usual pick up in pace.

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

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