A recent housing survey conducted on behalf of the National Association of Estate Agents (NAEA) reported a surge in sellers coming to the open market with a further increase in buyers prevalent. Transaction activity and small increases in house prices have resulted since last August and consequently the outlook remains optimistic for the coming period. The influx of sellers will inevitably increase housing supply and with the growing market confidence prices are set to stabilise and embark upon the “steady journey towards recovery,” commented Gary , President of the NAEA.

Looking towards the future it would appear through analysis over recent months demand for the right kind of properties is expected to continue throughout UK regions. A change in government has the potential to improve stability and confidence. Focus however needs to be up on first time buyers and increasing levels of activity in this sector which will stimulate the rest of the housing market. A spring surge thus can lead to a bright and sunny summer ahead for the housing market within East Yorkshire.