Buyers return to property market for first time in seven months as supply crunch props up prices

Homebuyer demand has picked up for the first time in seven months as a paucity of properties for sale props up prices, according to a new survey.
In September, a balance of 8 per cent more estate agents reported an increase in buyer enquiries, compared to June, when a balance of 34 per cent of surveyors recorded a drop in demand. This is the first time since February that net demand has picked up.
The Royal Institution of Chartered Surveyors said the return of interest by property seekers was a sign that the market was settling down after the slowdown caused by the introduction of higher... read more

13 October 2016 in Business, Views: 37
Source: Daily Mail

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