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Estate agents report jump start in January enquiries
The UK housing market saw a surge in the level of enquiries, both for buyers and sellers in the first two weeks of January, according to estate agents.
Almost two thirds of estate agents surveyed in a poll from the NAEA, reported that the number of house hunters registering with them in early January was higher than expected for the month.
Just over a quarter said that levels were consistent with the average for January, with a further 14% saying that activity was worse than expected.
The poll also revealed that the number of enquiries from potential sellers went up with 45% of NAEA members reporting an increase over the same period. Over a third of agents questioned said visitor numbers had remained steady.
Michael Jones, NAEA president said that the survey indicated a renewed confidence in the housing market.
He said: “It is encouraging to see that the majority of our agents are noting an upturn on both the buyer and seller sides and those that didn’t are still reporting steady figures consistent with January last year.”
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“The market appears to have experienced a jump start to 2011. We are hopeful that this strong start to the year will continue into February,” he added.