New survey: More homeowners selling property

Posted: 08 Jun 2009 11:21:20 GMT

More people are selling their homes now than at any other time in the last 12 months, it has been suggested.

According to the latest Agency Express Property Activity Index, there was a month-on-month increase in selling property last month.

With findings based on the volume and activity status of For Sale and Sold boards across the UK, the group explained that the amount of Sold signs instructed by the nation's estate agents in May was up 1.7 per cent on April's figures.

Managing director of Agency Express Stephen Watson remarked: "The new Agency Express Property Activity Index is based on data collected since January 2007 and shows that there are definite signs of a recovery in the residential housing market."

Both Nationwide Building Society and Halifax released research at the end of last month showing that house prices in the UK increased between April and May.


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