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Pre Christmas lull in housing market – NAEA

Potential house buyers started putting their house purchase plans on hold last month according to the National Association of Estate Agents.

The average number of properties currently available for sale with estate agents fell to 49 in October (from 61 in September) and the number of new instructions to sell fell to 14 from 16 in September.

President Melfyn Williams says: “With the festive season now approaching fast and less than 30 shopping days left before Christmas, home hunters&#39 attention is fast being diverted &#45 presents are taking priority over houses. Young potential first time buyers &#45 for whom the festive season is an especially expensive time of year &#45 are now just one in ten of all buyers.”


House prices up by 0.4 per cent in November – Hometrack

Hometrack&#39s November survey of the housing market shows a 0.4 per cent increase in house prices which it says confirms the continuing healthy state of the market. The average house cost £146,500 up from £145,900 last month. Highest house price rises occurred in Cumbria (1.5 per cent), north London ( 1.1 per cent), Hereford and […]

Houses prices up by 0.4% in November

House prices rose by 0.4 per cent in November, according to the Hometrack monthly survey. The average house cost £146,500, up from £145,900 in October. The highest house price rises occurred in Cumbria at 1.5 per cent, North London at 1.1 per cent, Hereford and Worcester at 0.9 per cent and mid-Wales at 0.9 per […]

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