Chase Devonshire » Demand is outstripping supply across the UK http://www.chasedevonshireblog.com Exclusive.Property.Asset Management Tue, 08 Jun 2010 20:21:51 +0000 http://wordpress.org/?v=2.9.2 en hourly 1 Demand is outstripping supply across the UK http://www.chasedevonshireblog.com/supply-and-demand.html http://www.chasedevonshireblog.com/supply-and-demand.html#comments Sat, 27 Jun 2009 08:21:31 +0000 Staff http://chasedevonshireblog.com/?p=40

“Demand is outstripping supply across the UK housing market, with estate agents registering four house hunters to every available property.
The monthly market survey of the National Association of Estate Agents found that the average branch had 299 house hunters on its books in May – up from 265 the previous month and 247 in May 2008.

The average branch had 69 properties on its books. For the second month running estate agents also reported a successful selling period.

The average branch sold 10 properties, a 30 per cent increase on the same time last year and double that sold on average in August 2008.” – According to the house fund, industry web site

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