Record low levels of homes for sale

28th April 2017

The number of properties for sale has reached a record low, according to the National Association of Estate Agents. It says there were an average of 39 homes for sale per estate agent branch, compared to 44 in February - the lowest figure the NAEA has recorded for the month of March since it started measuring it in 2002. Annually, supply is down 28%, with ten house hunters currently chasing each available property, NAEA said.

The Times (27/04/2017)