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Estate Agents quiet in September
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Posted on
Oct 22 2007 6:03 AM
by
Asif
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Estate agents’ sales for September are down on August’s figures as well as last year’s, research from the National Association of Estate Agents (NAEA) has shown.
The National Association of Estate Agents’ latest survey shows that on average, 11 sales were agreed per estate agent in September, compared with 12 in August and 14 in September 2006. These figures add to recent speculation about a housing market slowdown, as interest rate rises coupled with trouble in the credit markets have affected both mortgage lenders and homebuyers.
Reduced sales are not due to a lack of property..............
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