The number of properties available to buy per estate agency branch has plummeted to an 11 year low according to the National Association of Estate Agents.

There are currently 11 buyers for every property and this is causing house prices to continue increasing in value. Many offers are coming in at asking price to ensure the buyers secure the property.

First time buyers are being squeezed out of the competition. Ultimately this could lead to a negative effect and we will see a price correction in the next 6-12 months.

If you are thinking of selling now is the the time to get your property on the market.