NAEA Propertymark (National Association of Estate Agents) has reported that the number of sales agreed per branch rose from 10 in May to 11 in June.
During the month, the proportion of sales made to first-time buyers rose to 30% in June, the highest amount since January.
The number of house hunters registered per estate agent branch increased by 10% last month. In May, there were 350 per branch, compared to 384 in June. This is also a 16% increase from June 2016 when 330 potential buyers were registered per branch.
Meanwhile, the number of properties available per branch fell last month, dropping from 40 in May to 37 in June.
Just 2% of properties sold for more than asking price in June, a decrease of one percentage point from May.
The number of homes which sold for less than asking price rose to 79% last month, up 2% from May.
Mark Hayward, chief executive of NAEA Propertymark, said: “In May, we saw a period of political uncertainty, with new buyers stalling their house search until after the election. In June however, it seems the market has bounced back, with the number of house hunters rising.
“Although we have seen a decrease in the number of houses available per branch, we have seen a rise in the number of sales – which is typical of this time of year as buyers and sellers push through their property transactions ahead of the quieter summer months.”
