11 Jun

More house sales reported

More house sales reported

Further evidence that activity within the property market is growing all the time has been reported by Agency Express.

The company's latest Property Activity Index found that more people are deciding now is a good time to sell their homes.

It comes after both Nationwide Building Society and Halifax suggested the value of housing was boosted during the month.

More properties were sold in May than at any other time in the last 12 months, according to the new study.

Agency Express bases its findings on the volume and activity status of "For Sale" and "Sold" boards across the UK, and the latest survey indicated that the number of "Sold" signs instructed by the country's estate agents in May was up 1.7 per cent month-on-month.

Stephen Watson, managing director of Agency Express, stated: "The new Agency Express Property Activity Index is based on data collected since January 2007 and shows that there are definite signs of a recovery in the residential housing market."
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