Sunday 29 May 2011

Property market steadies amidst holiday bonanza - Mortgages - News - Moneyfacts

Property market steadies amidst holiday bonanza - Mortgages - News - Moneyfacts

Renewed signs of stability have been noted in the UK housing market as activity held firm in a bank holiday riddled April.

The latest data from the National Association of Estate Agents (NAEA) showed that the average agent sold eight properties per branch last month, the same as in March and February.

That the number of sales has remained steady in a month during which homebuyers have had the added distraction of a string of bank holiday weekends and a Royal Wedding has, in the eyes of the NAEA, only served to highlight the newfound resilience of the housing market.

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