The number of people selling their home increased in June to its highest level in over two years, according to the National Association of Estate Agents (NAEA).
The average number of properties for sale per branch increased from 68 in May to 74 in June. This is the highest figure since April 2009, which saw an average of 76 homes for sale per branch.
The number of sales agreed also rose, from an average of eight per branch to nine. The NAEA said this suggests that the increase in sellers reflected confidence in the market rather than a glut of unsold properties.
However, the percentage of sales to first time buyers fell from 24% in May to 20% in June.
Also, the number of house-hunters entering the market last month dropped for a third consecutive month. In June 263 people registered per branch, compared with 275 in May a decrease of 4%.
Wendy Evans-Scott, president of the NAEA, said: “The leap in available housing stock suggests increased confidence amongst sellers. They think there is a much better chance that their home will sell. For house-hunters
