Friday, April 24, 2015

In 2013 released the second half of the year show a recovery in the number of house sales in 2014 p


For the first time in three years there has been a rise in prices sold property prices uk on the housing market. The NVM shows that house prices are 1.2% higher sold property prices uk in the first quarter of 2014 than a year ago. The number of home sales is on the rise.
Last quarter there was a slight decrease of -0.8%. The number of homes sold is the third consecutive quarter in the elevator. NVM estate agents sold in the first quarter of 2014 24.360 homes (approximately 32,700 in the total market).
That is a whopping 41.5% more than in the same quarter a year ago, but that quarter, according NVM chairman Ger Hukker 'because of changed rules around mortgage lending the absolute low in number of homes sold. The increased consumer confidence, better sold property prices uk economic prospects and low interest rates lead to attracting the housing market. "
In 2013 released the second half of the year show a recovery in the number of house sales in 2014 put that recovery further. Never before in the past five years in the first quarter as many houses sold by NVM brokers: 24 360. In the overall market there are an estimated 32,700 homes were sold. The average time to sell the property sold was 159 days.
Compared with the fourth quarter sold property prices uk of 2013 in the first quarter, 8.1% fewer homes sold. "Due to the seasonal trend is the number of homes sold in the first quarter of the year is almost always the least quarterly, with over the past 20 years measured an average decrease in sales of approximately 10% compared sold property prices uk to the fourth quarter last year. The 8.1% drop in now shows that this has been a good start to the year, "the NVM chairman.
The revival of the housing market conceals the fact that a large part of the housing market is still in the slump. 54% of housing is already a year or more in range, sold property prices uk one in six homes of the offer three years or longer. "When you analyze that group homes, then sit high proportion of detached houses as many expensive homes and many homes in the rural areas. In it you will see the migration of rural to urban clearly back, "said Hukker.
Also shows the striking overrepresentation of homes built after 1990, in the offer to three years or longer buy state. Hukker "The long-term supply worries me. The question is whether these homes, even in this recovering market, go find a buyer. "
Research also shows that homes that are in the range of long standing often have an asking price that is far above the market value. "Often sellers remaining debt problems do not continue down the price. Without lowering their asking price however, they will not find a buyer, "says Hukker.
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