Sales agreed

• The number of sales agreed per member branch increased for the first time this year, rising from an average of seven per branch in March, to eight in April
• This is the highest level seen since October 2018, when the same number of sales were recorded per branch
• Year-on-year, the number of property transactions remains the same.

Supply of available properties

• The number of properties available per member branch fell in April, from 37 in March, to 35
• Year-on-year housing supply has increased, with only 33 properties available to buy in April 2018.

Demand for housing

• After a rise in demand in March, the number of house hunters registered per estate agent branch fell by 10 per cent in April, from 296 to 265
• Year-on-year, demand was at the lowest level recorded for the month of April since 2008 when 237 house hunters were registered on average per branch. Housing demand also fell by a fifth (21 per cent) from April 2018 when there were 337 prospective buyers per branch.

Sales to FTBs

• The number of sales made to FTBs in April increased marginally, rising from 26 per cent in March, to 27 per cent
• Year-on-year, this is an increase of three percentage points from 24 per cent.