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Home buyer confidence bounces back to pre Brexit levels

News Team, 31/10/2016

Home buying confidence in the UK has bounced back to its pre Brexit levels with demand for housing rising by 16 percent in September, analysis from the National Association of Estate Agents (NAEA) shows.

The average number of house hunters registered per member branch increased from 287 in August, to 333 this month. This takes the number of prospective house buyers recorded up to the levels seen back in June, when estate agents recorded 330 on average per branch.

However, sales to first time buyers (FTBs) are falling. In September, 23 per cent of sales were made to FTBs – a decrease of five percentage points from Augu...


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