Residential homes sales are back on track
Language: English Series: Estate Agent ; July 2005, 4-5(2)Publication details: 2005Subject(s): Summary: The latest National Association of Estate Agents (NAEA) survey reports that the housing market has got back on track in May 2005. The average house price has reached £206 551, the average monthly increase is 2.18% and the average annual increase is -2.76%. NAEA members sold two more properties per agent in May than in April. Property sales are however taking longer (4.2 weeks longer than at the same time last year). Finds a clear north/south divide when looking at the properties, which qualify for 0% stamp duty. The number of homes on the market increased by an average 6.74 per agent compared with April, double that of last year. Rental rates increased by 0.33% throughout May compared with 1.79% a year ago. Provides an overall market comment and regional summaries. Graphs cover number of properties sold, former buy-to-let properties on the market and average number of homes on the market.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Journal article | London Journal article | L130341 (Browse shelf(Opens below)) | 1 | Available | 130341-1001 |
The latest National Association of Estate Agents (NAEA) survey reports that the housing market has got back on track in May 2005. The average house price has reached £206 551, the average monthly increase is 2.18% and the average annual increase is -2.76%. NAEA members sold two more properties per agent in May than in April. Property sales are however taking longer (4.2 weeks longer than at the same time last year). Finds a clear north/south divide when looking at the properties, which qualify for 0% stamp duty. The number of homes on the market increased by an average 6.74 per agent compared with April, double that of last year. Rental rates increased by 0.33% throughout May compared with 1.79% a year ago. Provides an overall market comment and regional summaries. Graphs cover number of properties sold, former buy-to-let properties on the market and average number of homes on the market.