• From This is Money:

    The figure was down from 6.3% in May and sales also held up last month despite fewer properties coming on to the market, according to a survey for the National Association of Estate Agents.
    The average estate agent sold ten homes in June for the third month in a row, up from six in December.
    The average asking price for a semi-detached home was £210,755 in June, but they typically sold for £11,869 less at £198,886.
    Flats are faring much better, with the average asking price £144,048, compared to an average selling price of £143,049.
    Gary Smith, president of the NAEA, said: ‘The housing market is in a far stronger position than it was 12 months ago.’
    ‘After several months of continuous improvement the market stabilised in June, ahead of an expected seasonal dip throughout the summer.’
    The number of properties up for sale, however, remained low during June, with the average estate agent having only 64 homes on their books, down from 69 in May and…

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    Posted by Jon @ 6:04 am

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