27 Mar

Suffolk estate agent sees sales improvement

Suffolk estate agent sees sales improvement

The last few weeks have seen the number of house sales in Suffolk rising, a Team Association agent has stated.

Anglia Team County secretary and partner at Ipswich-based Colin Girling & Co, James Girling, said the agency had sold nine homes in February, exceeding the national average.

He added that a "supply and demand" market is now emerging with prices 25 per cent down on 18 months ago, noting: "With house prices firming as buyers find it difficult to buy what they want, and as such are not able to get that extra ten per cent off the asking price".

The situation in the county may be an early example of certain parts of the country seeing a recovery, with more buyers emerging as affordability increases.

Such a trend could see higher amounts of first-time buyers able to get on to the housing ladder.

Last week the National Association of Estate Agents revealed that February brought a rise in sales to eight per agent, representing an increase to the level of purchases seen a year ago.
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