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01 August 2010  

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Property sales reach 18-month high
Published: 18 May 2009

The average estate agent sold 10 properties in April, up from eight in March and a low point of five in August 2008, according to the National Association of Estate Agents (NAEA).

This means that estate agents sold more houses in April than in any month since October 2007.

Chief executive of the National Association of Estate Agents, Peter Bolton King, said: "What we are beginning to see now are consistent positive indicators that have held firm or improved since the beginning of the year.

"Six months ago people were talking about how British people's attitude to owning property had changed in the recession.

"The NAEA always said that this was nonsense, and that demand for property remained strong, but confidence in the market had gone.

"These figures show that this confidence is returning."


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