“Compared to last month, we have seen a clear increase in the number of house hunters. This has also led to sellers feeling more confident that now is the right time to put their property up for sale,” said Matt Thompson, head of sales at Chestertons.
“Although the number of buyers and sellers has seen an increase in April so far, demand still outweighs supply which gives sellers the upper hand during price negotiations. Current speculation that interest rates might be cut over the coming months could see an additional increase in buyers which could result in sellers persisting on or increasing their asking prices.”