Housing market is far stronger than a year ago according to estate agent president

Published 13th Jul 2009

The difference between the asking and selling prices for homes shrank to just 1.9 per cent last month, a report shows.

The figure was down from 6.3 per cent in May and sales also held up last month despite fewer properties coming on to the market, according to a survey for the National Association of Estate Agents.

The average estate agent sold ten homes in June for the third month in a row, up from six in December.
Estate agent signs

The average asking price for a semi-detached home was £210,755 in June, but they typically sold for £11,869 less at £198,886.

Flats are faring much better, with the average asking price £144,048, compared to an average selling price of £143,049.

Source: ' Daily Mail '

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