Author Topic: Rise in site visits and reservations.  (Read 2533 times)

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The Prophet

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Rise in site visits and reservations.
« on: May 29, 2012, 09:09:28 am »
Whilst the London property market has been helped by demand from rich overseas buyers in the rest of the UK residential property market remains stagnant at best.

In the new-build sector, house builders have reported strong site visits and more reservations. 
This should be viewed as a market weakness, with large numbers of buyers remaining dependent on artificial incentives to enable them to buy a home.
New homes have these with 'NewBuy' for example, but they are not available for the rest of the market.