Agency boards company reports slowdown in sales and new listings

The property market slowed in March, according to estate agency boards firm Agency Express.

Its data showed that For Sale boards converting to Sold dropped 10% during the month, while supply of For Sale boards went down by 4.7%.

The firm says that the early Easter did not help, and that the drop in figures may have been attributable to a fall in the number of landlords putting properties on the market as the Stamp Duty deadline neared.

In only two regions were there increases in new listings For Sale – Scotland and East Anglia.

In only one region – the north-east – was there an increase in Sold boards. The 20.3% rise was robust compared with all other regions, particularly Wales where Sold properties fell by 19.3%.

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One Comment

  1. grantlance

    Perhaps that means it won’t take over a week for my boards to get changed now!

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