Supply shortage highlighted

18th September 2015

The UK housing market is experiencing a serious supply shortage, with London facing the most dramatic crisis in the country, according to the latest Property Supply Index from HouseSimple. New property listings fell 6.6% across the UK last month, while the number of homes put up for sale in the capital dropped 24.8%. “Across the country there are thousands of frustrated buyers, with finance in place, ready to purchase, but the property supply reservoir has dried up,” said Alex Gosling, chief executive of HouseSimple.

City AM (16/09/2015)