Increase in Houses on Market
June 29th, 2009 by 
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Over 30 % of UK estate agents have said they’ve seen around a 10% increase in properties coming onto the market, in comparison to the start of the year.
The survey conducted by the National Association of Estate Agents revealed further optimism in the recovery of the housing market and one in six agents reported up to a 20% increase.
Gary Smith, president of the NAEA, said: “Since the beginning of the year NAEA members have seen a significant increase in demand. There are clearly plenty of buyers out there. Last month the NAEA registered an average of four buyers for every available property.
“However the vast majority of these buyers also become sellers and these up-to-date figures show that as these buyers decide on a property the supply of housing will increase.
“It is another positive indication that the UK housing market is over the worst and the NAEA calls on the Government to further badger banks and building societies to respond to the opportunity to pull the situation around.”
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