
Estate agents sold ten properties each on average last month, an 18-month high.
"Confidence is returning" to the UK property market, according to the chief executive of the National Association of Estate Agents (NAEA).
New NAEA figures have revealed that the average estate agent sold ten properties last month, up from eight in March and a low of five in August last year. The figure marks an 18-month high for the industry.
NAEA chief executive Mr Bolton King said that the figures strengthened positive reports from earlier in the year.
"What we are beginning to see now are consistent positive indicators that have held firm or improved since the beginning of the year," he explained. "Six months ago people were talking about how British people's attitude to owning property had changed in the recession.
"The NAEA always said that this was nonsense, and that demand for property remained strong, but confidence in the market had gone. These figures show that this confidence is returning."
Meanwhile, Lloyds TSB revealed that property sales in Scotland increased again during April, following gains in March. While house prices have continued to fall - down 2.1 percent year-on-year in April - Professor Donald MacRae, chief economist at Lloyds TSB Scotland, said that the housing market has seen "no precipitous collapse".


