The National Association of Estate Agents (NAEA) Housing Market Survey for April 2009 showed some positive indicators.
While house prices continued to fall, the number of sales per agent - already at a high - increased substantially to around ten per agent on average.
The number of people registering for property fell slightly - but this figure should be taken in the context that it rose by 12% last month, according to the NAEA. The overall figure for April therefore still remains high and positive.
For the fourth month in a row the percentage of overall sales being made by first time buyers held at a healthy level. This information, first pointed out by the NAEA, has been backed up by other measures in recent months and demonstrates that confidence is returning to the market after a period in which potential buyers were holding off from trying to enter the market.
- Number of house hunters registered with estate agents dipped slightly from 268 in March to 265 in April
- Number of sales agreed per agent increased from eight in March to ten in April
- Average number of properties available for sale increased from an average of 67 in March to 76 in April
- The number of first time buyers (FTBs) held strong in April with no change from March at 23 per cent
- The average selling price across all house types in April was 6.2% lower then the actual asking price