UK property sales heat up
Its not just the summer that’s heating up, UK property sales are soaring too. This months Property Activity Index report shows a good start to the summer holiday season for the UK housing market, as it surpasses itself recording a national increase of 8.5% on properties sold.
Across the rest of the UK, 7 out of 12 regions recorded by the Property Activity Index bucked seasonal trends, displaying month-on-month increases for properties ‘Sold’. This months top performing region was London, setting the pace for the rest of the UK.
Commenting on the latest index results, Stephen Watson, Managing Director of Agency Express said: July has been an interesting month for the UK property market. Predominantly figures for new properties coming on to the market do follow the seasonal month-on-month trend for July. However sales have surpassed themselves. During these summer months seasonal slowdown is anticipated, we may have observed a slump in new ‘For Sale’ listings but the index has demonstrated there is still a great demand for property.
To read the Agency Express Property Activity Index Report in full please click here.