Henley on Thames - Month set to put property market back on track

Henley on Thames - Month set to put property market back on track

THE May market is witnessing a bounce back in property market activity levels, according to the latest study from Hamptons International. Already this month, traditionally the busiest period of the year, looks set to put the property market back on track.

The latest report from Hamptons, which compares monthly performance figures to provide real-time insight into the property market, has highlighted a slow-down took place in April, due to the Easter break, unusually warm weather, the Royal wedding and a series of bank holidays. These factors combined resulted in a 22 per cent drop in applicant numbers compared with the same period last year.

However early May activity has been encouraging with strong levels of new properties coming onto the market and more buyers registering to buy property. The Hamptons report highlights yet another monthly increase in the number of properties on its books, suggesting confidence is continuing to slowly return to the market.