June 27th, 2008
Housing Figures Show Consumer Confidence Knocked
New figures from the National Association of Estate Agents (NAEA) have shown that although the housing market in the UK is still performing well, buyers are adopting a more cautious approach to property investment.
The association states that during the month of April, there was a stable performance in terms of the number of sales, viewings and and the average house sale price. According to the NAEA, the average number of viewings before a house was purchased was said to stand at 14. It asserts that while this is indicative of consumers being cautious about which property they invest in, the figure stands just two viewings higher than results from 2007.