Property Ladder: Buyers come back
The chief executive of the National Association of Estate Agents Peter Bolton King has claimed buyers are returning to the housing market, according to a new study.
Mr Bolton King said: “The NAEA’s latest figures show that buyers are coming back to the market — the average number of house-hunters registered per branch increased significantly in July, from 263 in June to 299. This is an unprecedented increase for what is traditionally a very quiet time.
The NAEA chief said more favourable mortgage conditions and lower prices are encouraging buyers back into the |market.