Saturday, 30 April 2011

London Estate Agents News: Number of house purchase enquiries 'on the rise'

More people might have been looking for flats and houses for sale in Queen Park, London, and other parts of the country last month, according to research.Figures published by the National Association of Estate Agents highlighted an increase in the number of individuals searching for new homes in March, rising from an average of 268 new registrations per estate agency branch in February to 290 last month.

First time property buyers fell slightly in the same period, with the percentage of sales to such buyers decreasing from a quarter of the market share to 23 per cent.

President of the association Michael Jones commented: "We are very pleased to see that the market has remained relatively stable despite the continued economic pressures that are making life very difficult for homeowners and those looking to enter the property market.

"The significant growth in demand for homes reported by our agents suggests that house-hunters are searching for a good deal on property before the traditional spike in activity over the Easter holidays," he added.

London Estate Agents News

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