14 Jan

2011 figures 'show resurgence in housing market'

2011 figures 'show resurgence in housing market'

Early figures from 2011 have shown that more people are beginning to look for houses for sale in the UK than they did last month.

The National Association of Estate Agents (NAEA) has reported that there are indications the property market is doing better in January 2011 than it did last month.

It stated that in December 2010, the average estate agent branch sold four properties, a drop from November's figure of seven.

The group attributed this decline to the bad weather, as the "lack of sales can be explained by freak weather conditions".

It also reassured homeowners trying to sell properties that sales traditionally drop in December as a result of the holiday period.

President of NAEA Mike Jones instead predicted that there will be a "bounce-back in the next few months".

"The new year has begun very strongly and agents have reported a very busy couple of weeks that we are hopeful will continue," he commented.

Earlier this month, the NAEA advised people trying to sell their homes to make them more attractive to potential buyers by adding energy-efficient features and making them more presentable. ADNFCR-1222-ID-800344021-ADNFCR

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