Property availability climbs for first time since April

According to the trade body, the average number of properties available to buy rose in August to 64, up from July's figure of 58 and the first increase in four months, when the average stood at 76. The NAEA says the figures suggest, as the market picks up, the stock of properties should increase as a result of buyers working their way through the system. As expected during the summer holiday period, estate agents recorded a fall in the number of people looking to buy a property, from 292 in July to 238 in August, the lowest number of any month in 2009. However despite that fall...