Resilient end to 2011
Posted on 11th January 2012
A resilient end to the year means that the fourth quarter of 2011 outperformed the same period in 2010.
The Housing Market Activity Report has shown that the total number of valuations carried out in December fell by 14%. This is the lowest seasonal drop in valuations since 2007.
The demand for valuations in quarter four has increased a massive 71% since the same quarter 2010. In a year on year comparison, 2011 saw 43% more valuations than in 2010.