Estate agents SOLD OUT of quality properties

The latest figures out for house price growth are giving increasing credibility to those who feel we have hit the bottom of the market.
With increasing interest from both private buyers who can meet the stricter lending criteria and property investors calling the bottom of the market it is simply back to supply and demand. There are simple just not enough quality properties available for the increasing demand. The London market often thought to act as an indicator of national trends has been the best market for property sellers. Some data suggests that the property market is currently as vibrant as the heady days of 2007.
This news becomes even less surprising when many surveyors report completed sales are up but the number of properties on their books is remaining at a constant. Reports out this week say that national house price levels are now back up to October 2003 levels and climbing.