20 Apr

Demand boost hits houses for sale in Birmingham

Demand boost hits houses for sale in Birmingham

Estate agents in the West Midlands have reported increased numbers people viewing property for sale in Birmingham.

According to the city's branch of the National Association of Estate Agents (NAEA), fair weather helped boosted the number of buyers seeking out houses for sale in Birmingham.

March was a "much better month" compared to January and February, the office reports.

In addition, property for sale in Birmingham has been competitively priced resulting in rising sales levels.

Nationally, the NAEA has revealed that last month saw an increase in property enquiries.

On average, 290 potential buyers registered per branch across the UK, the highest figure in eight months.

The association's president, Michael Jones, says the growth in demand is typical for the Easter holidays.

Despite economic pressures, the market has remained stable, with house hunters seeking out the best deals, he added.

Landlords may also be looking to invest in new properties, after the March LSL property index revealed that rent across England and Wales rose by 0.4 per to an average charge of £687 per month.ADNFCR-1222-ID-800507928-ADNFCR

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