Ten per cent more properties put up for sale last month
The number of homes put up for sale last month rose by more than
ten per cent, according to research from haart.
It revealed a 10.1 per cent increase on April, while the number of
for sale signs appearing was 3.9 per cent higher than at the same
point last year.
Russell Jervis, managing director of haart, said that the UK
property market was continuing to show "remarkable resilience"
despite a challenging economic environment.
"Realistic pricing from sellers and a sense of optimism among
buyers in the run up to the Diamond Jubilee celebrations has
combined to ensure that the strong start to 2012 enjoyed by haart
looks set to continue well into the year," he added.
PrimeLocation.com recently revealed that Surrey was home to the
UK's most expensive property, with the county's housing stock
valued at £287 billion.
Despite this, haart said that there was now more variation in terms
of the type of property coming on to the market, as well as the
location of these homes.