Demand for property in the UK is exceeding supply, according to the latest National Association of Estate Agents (NAEA) monthly survey of the housing market.

This would suggest that now is a good time to be putting a house or flat up for sale.

People looking to become vendors may consider placing their property for sale on internet sites, which could lead to a quick and easy sale.

Meanwhile, the NAEA research indicates that the average estate agent branch in the UK had 287 house hunters on its books in October and 57 properties listed for sale.

It also shows that the gap between asking and selling prices dropped from 10.9 per cent in September to 8.8 per cent last month.

Earlier this week, the Halifax House Price Index revealed that the typical home in the UK was worth £165,528 in October – up 1.2 per cent month-on-month.

Source: Houseladder

Coalters Estate Agents York are York’s award winning estate and letting agents. If you are looking for a york estate agents, contact Coalters via their website www.coalters.com or call them on York (01904) 655222.

Tags: Property news

This entry was posted on Monday, November 9th, 2009 at 11:09 and is filed under Property news.