Seasonal jump in demand but headline prices static [electronic resource]
Donnell, Richard
Seasonal jump in demand but headline prices static [electronic resource] - 2011 - Hometrack Monthly National Housing Survey 27 February 2012 .
February 2012 saw a marked improvement in housing market conditions off the back of a robust seasonal upturn in demand. The number of buyers registering with agents grew by 18%, the strongest level of demand seen since the start of the downturn and higher than the 15% increase in potential buyers recorded in February 2009. Activity levels were boosted by first time buyers looking to beat the stamp duty holiday which ends on 24 March.The stock of housing for sale grew by 10%. Howeber,with investors and first time buyers not having property to sell, the growth in demand over the month out-paced the increase in supply across nearly all regions. A scarcity of supply remains a key feature of the market. Overall pricing levels remain unchanged.
United Kingdom--
Seasonal jump in demand but headline prices static [electronic resource] - 2011 - Hometrack Monthly National Housing Survey 27 February 2012 .
February 2012 saw a marked improvement in housing market conditions off the back of a robust seasonal upturn in demand. The number of buyers registering with agents grew by 18%, the strongest level of demand seen since the start of the downturn and higher than the 15% increase in potential buyers recorded in February 2009. Activity levels were boosted by first time buyers looking to beat the stamp duty holiday which ends on 24 March.The stock of housing for sale grew by 10%. Howeber,with investors and first time buyers not having property to sell, the growth in demand over the month out-paced the increase in supply across nearly all regions. A scarcity of supply remains a key feature of the market. Overall pricing levels remain unchanged.
United Kingdom--