Rise in number of house hunters

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The National Association of Estate Agents (NAEA) has reported a rise in the average number of house hunters per estate agent in November.

The average estate agent branch had 241 house hunters registered in November, compared to 218 in October.

The NAEA also found that sales levels remained constant for the fourth month in a row, with the average branch selling seven properties. This was particularly positive as the market is entering its annual seasonal slowdown, when activity traditionally slows, the trade body said.

However, the number of registered sellers fell slightly in November. The average branch had 64 properties on its books, compared to 67 in October.

The percentage of sales being made to first time buyers also fell – from 23% in October to 19% in November.

Michael Jones, NAEA president, said: “There is still clear evidence of demand for property in the UK housing market. In fact

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