Demand from househunters is boosting the housing market in Yorkshire, says a survey.
Figures from the Royal Institution of Chartered Surveyors showed a rise in the number of homes sold in the region during August.
Despite the holiday season, would-be buyers continued to return to the market as a net balance of 30% more surveyors in the region reported an increase in enquiries.
Alex McNeil, of estate agency Bramleys in Huddersfield said there had been a “summer breeze of change” in the market “ with a far more positive outlook than even six months ago”.
Luke Whitaker, of Jowett Chartered Surveyors in the town, said: “Investors seem to have less bargaining power at the moment due to the current lack of supply, renewed confidence in the market generally and an upturn in market appraisal requests.”
The RICS said 82% more surveyors reported a rise rather than a fall in newly-agreed sales – compared with 50% in July – as finance becomes increasingly accessible.
In tandem with improved buyer confidence, the number of homes coming on to the market also remained positive – with a net balance of 27% more surveyors in the region reporting increases rather than decreases in new instructions.
RICS members expect to see prices increase over the next three months – with a net balance of 32% more surveyors predicting higher house prices.
Some 31% more surveyors expect the number of sales to increase rather than fall in the coming quarter.
All UK regions saw an increase in supply last month as the housing market recovery continues to spread from the South East of England to other areas.