The survey found that there was an increase in the number of both applicant enquiries and viewings, which it claimed are indicators of underlying consumer confidence.
Hugh Dunsmore-Hardy, chief executive of the NAEA, said: "With demand still exceeding supply in many areas, the housing market continues to demonstrate an underlying stability which has not been undermined by recent threats to consumer confidence."
The results found that the average length of time between instruction and sale has dropped from 12 weeks to 7.5 weeks, and the average difference between the sale price and the asking price fell from 20 percent to 13.5 per cent.
