Monthly house sales were up 23.2% in March following February’s rise of 38.3%, said Agency Express.
The firm reported sales up at their highest level since May last year and 4.8% up on March 2010 and 10.2%.
Each region saw an increase in sales ranging from a 47.8% rise in the East Midlands to 3.7% in Wales.
Greater London sales rose 37.3%, in the North East they were up 36.4% and Yorkshire saw a rise of 32.2%. Southampton more than doubled the amount of house sales it achieved in February with a 127.6% rise. Colchester’s sales went up 58.8%, Nottingham saw a rise of 56.8% and in Leeds they were up 41.9%.
At the other end of the scale, Norwich was the only city in the UK to see a decline in sales with a fall of -21.9%.
There was also a boost to the supply of properties on the market. The number of properties put up ‘for sale’ in March in the UK was up 25.0%, the highest level achieved since August 2010.
All regions except one saw improvements in new ‘for sale’ listings. Scotland saw a rise of 42.4% followed by Greater London at 39.1%, the North West at 37.4% and the South East at 26.6%.
The North East was the only region to see a fall with the number of new ‘for sale’ listings dropping -0.8%. The cities that saw the greatest increases in the number of new ‘for sale’ instructions in March were Southampton (+154.4%), Colchester (+68.4%) and Carlisle (+60.3%).
Only two cities failed to witness an increase with Brighton seeing a fall of -32.5% and Norwich going down 12.3%.
Stephen Watson, managing director of Agency Express, said: “This latest set of data paints an encouraging picture for the housing sector. Not only has there been a significant uplift in ‘for sale’ listings and house sales but the trend over the last three months indicates that this might be sustainable.
“It’s also noticeable that London is showing very strong growth in both the number of properties being put on the market and the number of sales that are going through. Traditionally this has then radiated out into the rest of the regions in following months. As all regions are looking in better health already, it bodes well for the coming months.”
