House Sales Reach A Near Two Year High

Friday 12th June 2009

Estate agents sold more houses in April than in any month since October, 2007, research from the National Association of Estate Agents (NAEA) has revealed.

The average estate agent sold 10 properties in April, up from eight in March and a low point of five in August 2008.

Peter Bolton King, chief executive of the NAEA, said: “What we are beginning to see now are consistent positive indicators that have held firm or improved since the beginning of the year.

“Six months ago people were talking about how British people’s attitude to owning property had changed in the recession. The NAEA always said that this was nonsense, and that demand for property remained strong, but confidence in the market had gone.

“These figures show that this confidence is returning.”