Sales stock sees first rise since Oct 2020 📈
The total stock of property for sale in England and Wales saw a rise this month for the first time since October 2020, adding 7,257 properties to last month's record-low of 222,050.
However, despite the small uptick, supply remains exceptionally tight in the sales market, according to the latest market analysis from Home.co.uk.
Albeit small, the rise in supply is encouraging in the sense that the severe imbalance between supply and demand may be eased over the coming months as vendors take advantage of the current high prices. However, for the time being, agents continue to scrabble for sales inventory in this sellers' market. To continue reading, please Click Here