Rat and Mouse
Mon
28
Jun
Market report - Hometrack, slow summer

Property research and data company Hometrack reports a small, 0.1% rise in June, following an equally small rise in buyer registrations across England and Wales, but falls in demand in six out of ten regions. Homes coming to the market, on the other hand, rose by 2.9%. And that's the issue: that long-discussed shortage of property - the thing that many believe has been propping up prices - is quickly coming to an end. Interestingly, though, sales agreed were 2.8% higher. Average time on the market: 8.4 weeks; average proportion of asking price achieved: 94.3%.

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