Q1 Market Review – Conveyancing Volumes ?
Extract from the Move with Us Q1 Market Review
“Britain had a positive start to the year as is seasonally expected. After the typical Christmas dip in the market and the lowest number of new listings on record, the property market sprang back to life in Q1 2014. New listing numbers increased, selling times dropped and the average asking price for Britain reached a record high.
The North South divide is still apparent. Despite the gap in asking prices, both the North and the South have seen improvements in Q1. As progress tends to start from the capital and spread outwards, we would expect to see improvements in the North in the coming months as it catches up with the South.
Faster selling times, increased supply and rising asking prices can be taken as a positive sign that Q2 2014 may hold further improvements in the British housing market on the back of a good start to the year.”
The full copy can be downloaded here: