Number of homes for sale remains low
The average number of properties for sale per member branch in April was 20. With very little movement in the number of properties available for purchase over the last year, numbers remain low compared to the long-run average for April of 42 (based on 2012-2021 figures, excluding 2020).
Demand from house hunters
39 per cent of agents said the majority of properties sold for more than the original asking price in April
Demand remained high in April with 39 per cent of respondents telling us that most sales in April were agreed above the original asking price. The average number of new potential buyers registering at each member branch remained high at 100.