75% of property agents say market currently 'less buoyant'
A questionnaire completed by a group of licensed property agents has revealed that three in four agents
think the market is less buoyant now than last year.
The annual survey was of members of the Association of Licensed Property Valuers (AVLP), an influential
group of agents including Fleurets, Colliers CRE and Brownhill Vickers & Platts.
The majority thought that the biggest problem for licensees this year will be the credit crunch, which
could affect consumer spending and lending on licensed property.
A spokesman for the AVLP said: "Whist the feeling was one of the market being less buoyant than this
time last year, 80% reported receiving more instructions and 70% have sold more properties, like for
like, in the last 12 months. Also, there's good news for vendors with 30% of members forecasting that
property prices would rise in the year ahead."
Morning Advertiser Article
Thursday 15 November 2007
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