The NAEA says that in March, supply dropped for the sixth consecutive month, from an average of 57 properties per branch in September 2013 to 42 in March 2014 – nearing a ten-year low.
According to the NAEA, nearly one in five (19%) properties sold for more than the asking price in March, nearly three times the 7% recorded when NAEA first collected this data last September.
NAEA member agents also reported an increase in the average number of sales agreed per branch, up from nine in February to ten in March.
Jan Hÿtch, NAEA president, said: “The supply crisis continues to deepen, and the Government must act now to offer house hunters hope in an increasingly congested market.
“Current conditions mean that in just a few months we’ve seen a large increase in the amount of people willing to offer over market price to secure homes.
“Overall property sales may be up, but the proportion of first-timers purchasing a property is down, and with the significant changes that the Mortgage Market Review will bring just around the corner, we’ll be watching closely to see what kind of an impact is felt.”
Comments (10)
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Actually, no it doesn't. SEO spamming at its best – or in your case, worst.
Oh – and while you're skulking around again, and drawing all of our attentions to your FB page – would you care to tell us exactly WHICH 'Award' you are referring to having been awarded?
Everyone else saw his post and managed to ignore it, by asking him a question you have given him reason and opportunity to post again.
I really think Ros and Nick ought to consider charging a commercial fee to anyone who uses their company name as a moniker and continually parasite posts off topic links to their own site
I'm sorry, Ampersat. I consider myself duly admonished and chastised on this occasion.
Somehow though I just know it ain't gonna stop me doing it again, though… 😉
Anyway, I would wholeheartedly agree with your suggestion that those who use this site simply as a self-publicity platform pay for the privilege. But… here's the problem – what about those like Mr RR, who actually produce themselves NEGATIVE publicity by the bucketful?
The thing about his very late to the party attempts at SEO, they don't differentiate positive and negative so it is all good for him in that respect. It is just a shame he has so little respect for Ros and Nick that he has the temerity to prostitute himself on here.
There can be very few people not now familiar with his Baldricities so there seems little point in trying to stop him and even less point in trying to debate with him.
Yes I agree – but imagine the reaction that anyone actually visiting his woeful site will have.
Their faces will be pure comedy gold!
Anyways – as you see he's run off again to lick his wounds so there won't be any further "debate" until his next rantlet (which won't be too long, I can guarantee…)!
Those interested in finding the remedy to the shortage houses currently going on the market need to refer to my Facebook page. It gives the full remedy which is within the remit of estate agents themselves to implement: https://www.facebook.com/PropertyMatchUK