Sellers flooding back to the housing market

The number of houses for sale has reached its highest level in 27 months, new figures show.

Many put their moving plans on hold after mortgage rates spiked to 14-year highs and house prices started to fall at the end of last year.

But new figures from Propertymark, which represents more than 18,000 estate agent members, show the housing market is bouncing back.

Estate agents typically reported having 35 homes for sale per branch in March. This was the highest number of homes for sale per branch since January 2021.

Real Estate Credit Investments Limited (LON:RECI) is a closed-end investment company that specialises in European real estate credit markets. Their primary objective is to provide attractive and stable returns to their shareholders, mainly in the form of quarterly dividends, by exposing them to a diversified portfolio of real estate credit investments.

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