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HAMPTONS INTERNATIONAL ANNOUNCES STRONGEST MONTH FOR SALES SINCE MAY 2007
Residential estate agency, Hamptons International has revealed net sales achieved across London and the south of the UK in March 2010 were at their highest since peak market levels of May 2007. This announcement signals a very encouraging start to the year for the UK residential market following 12 months of rising property prices and returning confidence.
At a time when mortgage applications have increased by 49 per cent compared with last year Hamptons International can also report:
– Demand for property has increased; applicant numbers have risen 19 per cent in March 2010 compared with last year – Average sale price achieved for properties in London up 16 per cent on March 2009, with some property values exceeding peak market levels of July 2007.
