We are all well accustomed to seeing stories of doom and gloom in the housing market so this month’s headline from our latest market report has come as a welcomed surprise.

Our findings from the National Association of Estate Agents (NAEA) report revealed that the UK housing market remained in a strong position in July compared to the previous year. And this is despite the traditional summer dip in activity!

The report found that the average agent sold nine properties last month. That is compared to six the same time last year, and ten in June 2009.

President of the NAEA, Gary Smith, remained hopeful and said: “Estate agents expect a drop in activity over the summer months, but there is no doubt that the market is in a considerably stronger position than a year ago.

“Agents sold more in July than in any month last year. That is concrete evidence that the housing market, while not recovered, has potentially been through the worst.

“It is now up to the Government and the banks to lead the way. The NAEA will continue to lobby hard for responsible lending from the banks and effective Government policy to ensure that they do.”


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