The recovery of the housing market in Yorkshire and Humberside is continuing to pick up pace, experts said today.
Research shows that an average of 20 residential properties were sold per chartered surveyor in the region during the three months to September.
The average figure for the same three months in 2012 was 18.
House prices in Yorkshire and Humberside also appear to be on the up, with almost a third more chartered surveyors reporting rises rather than falls.
And nearly 60 per cent of local surveyors said they had noticed an increase in inquiries from new purchasers – a trend thought to have been fuelled by Government schemes such as Help To Buy.
Today’s figures follow research carried out by the Royal Institution of Chartered Surveyors (RICS).
They were welcomed by Ben Hudson, from York-based letting and estate agents Hudson Moody.
He said: “More activity and interest in the housing market is now filtering through in terms of sales, although we are not seeing great price increases.”
Peter Bolton King, RICS global residential director, said: “It’s encouraging that the market is starting to improve in all parts of the country, with more buyers looking to make a move and more sales going through.
“Even so, it’s a big concern that the supply of property coming to the market is lagging so far behind demand. This imbalance is likely to result in further upward pressure in prices over the coming months.”
The Institute for Public Policy Research has warned that England could have a shortfall of 750,000 homes by 2025.
Help to Buy is making state-backed mortgages available for deposits as low as five per cent and was launched in a bid to get more people onto the housing ladder.