|Month||Average New Applicants||Average New Instructions||Average New Viewings||Average New Offers||Average Exchanges|
What is the market doing? And what will it be doing in the coming months?
The information above tracks the market back to December 2014, month by month, and comes to us from software provider Expert Agent.
It covers a total of 2,143 branches out of the firm’s 2,576 branches that it supplies. The ones filtered out are those that do lettings only, or have very small sales operations. All the branches are part of independent businesses.
While too early to predict any firm trend, the May figures do show a falling off of interest and viewings compared with the earlier months of this year, while exchanges in both April and May were very low compared with March. Noticeably, however, new instructions have held up well.
We will repeat the exercise again next month, and are grateful to Expert Agent for their help.