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Estate agents expect busy autumn with high demand

Estate Agents - 25/08/2006 13:28:56

Estate agentsacross the country are expecting a bumper bank holiday weekend with property sales jumping 20 per cent in the last month, according to figures.

Haart estate agents has said that it intends to keep all of its stores open across the bank holiday weekend to capitalise on consumer demand for property.

Paul Smith, chief executive of Haart, said: "August is commonly very quiet but we have seen this trend reversed this year.

"June and July were quieter, with the summer heat wave and the World Cup distracting buyers and sellers from entering the housing market. However, the seasonal summer lull came to an abrupt end in August."

According to Haart, which is part of the UK's largest network of independent estate agents, this has been driven by a lack of family housing and the rush by parents to get property in catchment areas for the best schools.

Haart also claims that sales are up 35 per cent on this time last year and that it was expecting a very busy autumn.

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