A rise in the number of house valuations has fuelled hopes that the housing market is experiencing a period of consolidation.
Figures showing that valuation activity last month increased by over 50% on last November suggest that a difficult year for the housing market may actually end on a more positive note. The data from Connells Survey & Valuation shows that current homeowners were particularly active last month, with nearly twice as many requesting valuations on properties, compared with last November.
“If this recovery in activity levels continues in the same vein, we should see a far more positive start to the new year,” Ross Bowen, managing director of Connells Survey & Valuation, said.
source – eMonyfacts
Justin Moy