Housing market is falling behind demand says National Association of Estate Agents

New research has found that the number of individuals looking to get on the property market is falling behind demand, says the National Association of Estate Agents.

According to Estate agents they had an average of 287 prospective house buyers on their books during October, a decrease when compared to the previous month were the average was 294. Estate agents also found the average number of homes available to buy fell to 57, down from 62 in September.

A spokesperson from the NAEA, says the best way to stimulate the housing market would be for the government to extend the stamp duty holiday, this is due to end in December 2009.

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