Meanwhile new property listings across the UK a whole fell slightly last month, down1.3%from57,992in February, to57,225in March. In London, although new supply was down2%in March compared to February,four in 10boroughs saw new supply levels rise last month.
More thanfour in 10(42%)towns and cities saw a rise in housing supply in March despite Brexit uncertainty, online estate agent Housesimple has found.
Meanwhile new property listings across the UK a whole fell slightly last month, down1.3%from57,992in February, to57,225in March. In London, although new supply was down2%in March compared to February,four in 10boroughs saw new supply levels rise last month.
Sam Mitchell, chief executive ofHousesimple, said: “The level of seller and buyer activity has been encouragingly resilient considering the ferocity of Brexit uncertainty in March.
“Seller activity is slightly down on February when you look at the overall picture, but many areas have actually seen more homeowners marketing in March.
“It’s reassuring to see defiant sellers driving the market forward, particularly in many northern areas of the country, such as Yorkshire and the North West, and north of the border in Scotland.
“All eyes remain on Westminster, but on the ground, there are plenty of sellers who see this as an opportunity to market their homes while there is less competition, and plenty of buyers motivated to purchase and lock in the best mortgage rates while the lendersare offering good terms.”
Scotland proved a buoyant market for new supply in March, with new listings up more than25%in three major townsNorth of the border, including Inverness where supply was up56.9%last month versus February.
