`Buyers back' in housing market
Tuesday 19 March 1996
Its regular survey of members for the three months to February found 62.6 per cent reporting an increase in business of up to 10 per cent, while nearly one in eight said activity had grown by 25-50 per cent. Only 5 per cent reported a decrease compared with three months earlier.
Prices were flat, however. More than four fifths of the estate agents said selling prices were the same as three months ago. The survey commented that recovery was in danger of being held back by sellers who had been encouraged by positive reports and decided to hold out for a better price.
David Baker, an estate agent in Penarth, near Cardiff, said: ``There is definitely more activity but let us not get carried away with the thought that prices will rise. There is a lot of slack to be taken up first.''
Denis Chapman in Scarborough, described the market as "still very patchy with only the realistically-priced properties finding purchasers.''
John Pocock of Pocock and Shaw in Cambridge was more optimistic: ``Houses generally are proving to be much more readily saleable and the situation appears to be better than any time in the past 12 months.''
- 1 Avengers: Age of Ultron: Nearly 700 German cinemas refuse to show movie
- 2 Man cooked alive with 12,000 pounds of tuna
- 3 X Factor in crisis as numbers of people auditioning plummets
- 4 General Election 2015: Stephen Hawking says he will vote Labour
- 5 Baltimore riots: Furious mother marches her son home live on TV
Bali Nine executions live: Indonesian firing squad shoots dead eight drug offenders despite outcry around world, but a ninth is spared
Keith Harris dead: Orville the Duck ventriloquist dies aged 67 following battle with cancer
Man cooked alive with 12,000 pounds of tuna
General Election 2015: Stephen Hawking says he will vote Labour
Baltimore riots: Furious mother marches her son home live on TV
General Election 2015: Chuka Umunna on the benefits of immigration, humility – and his leader Ed Miliband
The sickening truth about food banks that the Tories don't want you to know
Aaron and Melissa Klein: Oregon anti-gay bakers ordered to pay $135,000 after refusing to make cake for same-sex wedding
EU exit would hit UK economy much harder than neighbouring countries, study finds
Andrew Lloyd Webber: Phantom of the Opera writer mocked after issuing a warning about Ed Miliband and Nicola Sturgeon
General election 2015: Labour will toughen hate crimes legislation surrounding Islamophobia
iJobs Money & Business
£30000 - £38000 per annum: Recruitment Genius: They are a financial services c...
£Basic (OTE) + Uncapped Commission: Guru Careers: A Stockbroker (qualified / p...
£20000 - £60000 per annum: Recruitment Genius: Are you recently QCA Level 4 qu...
£20000 - £22500 per annum + OTE £30K: SThree: SThree Group have been well esta...