House sales up as demand stays strong across region

0
Have your say

The housing market in Yorkshire and Humber is continuing to improve, with demand remaining strong and house sales increasing, according to the Royal Institution of Chartered Surveyors.

Signs of continuing improvement come as surging house building is helping to drive a further recovery of the UK constriction sector, according to Markit, the business information specialists, who carry put together the regular Purchasing Managers Index of economic health.

RICS says would-be buyers continued to return to the market during August, with the number of surveyors reporting a rise in sales exceeding the number reporting a fall by 82 per cent, compared with 50 per cent in July.

The number of homes being put on the market is also increasing.

Markit says the house building sector is expanding at its fastest rate since May 2011