Index suggests home buyer and seller confidence remains strong

Sentiment data is collected using questions on the OnTheMarket website.

Home buyers and sellers remain confident about their prospects in the next few months, according to a property sentiment index from OnTheMarket (Yui Mok/PA) (PA Wire)

Home buyers and sellers remain confident about their prospects in the next few months, according to a property sentiment index.

Just over three-quarters (76%) of active home buyers are confident of being able to buy a property within the next three months.

This was a slight increase when compared with 75% who felt this way in March.

And 82% of sellers are also confident about being able to complete a sale within three months, a percentage which was unchanged from the previous month, according to the research from property website OnTheMarket.

Nearly two-thirds (63%) of properties were sold within 30 days of first being advertised for sale, according to the latest report, compared with 54% in April 2021.

Sentiment data is collected using questions on the OnTheMarket website, with more than 120,000 responses on average per month. The latest findings were taken from April data.