The number of people looking to move house is at the highest level in a decade according to Estate Agents, report the Telegraph. The research also indicated that the property market prices rose for the third successive month.
According to the latest property market survey from the Royal Institution of Chartered Surveyors, new buyer enquiries have risen at the fastest pace since August 1999. The survey also suggested that the rebound in enquiries is feeding through into increased sales, with the number of properties selling over three months edging up from 10.6 in April to 11.8 in May.
RICS member based in Durham City, Keith Johnson said: “While the House Market is still somewhat erratic and very price sensitive there are good signs of recovery.”
RICS member Richard Sayer, based in Northumberland said: “This is an excellent market for many buyers and sellers to be testing their options.”
This improvement in the property market makes moving house a more attractive venture; we at Woltons Removals have seen the trend in house removals moving up over the last three months which means people are confident the recession is nearing an end. We have also seen an increase with our man and van hire due to the increase in purchases of large items, indicating an end to the economic gloom is near.
