The National Association of Estate Agents (NAEA) monthly Market Survey for August shows the number of first-time buyers increased by 36% in August.

The NAEA says first-time buyers form the basis of chains and if sustained will lead to a general improvement in the market. As predicted by the NAEA over the past two months, the number of houses available to stopped falling and registered its first rise since April 2009.

Although, the number of registered buyers and the number of sales decreased slightly from July to August this was widely predicted because of the summer holidays.

Posted on September 4, 2009 at 9:56 am
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Categorised under : Property Market News
Tagged with : April , Chains , First Time Buyers , Market Survey , Naea , National Association Of Estate Agents , Summer Holidays