Properties for sale at two-year high

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The number of properties put on the market in May jumped 89.4% on April 2009 to its highest level in more than two years, according to Agency Express.

Its research showed the volume of properties coming to market was up 13.6% in May compared to April. In addition, the number of houses sold in May also reached its third highest level since April 2008, up 8.6% on April and 17% year-on-year. The top areas for house sales in May were the West Midlands, up 25.8%, while Welsh house sales grew by almost a quarter and the South West jumped 17.5%. Birmingham was the best performing city in the UK, with a 71.4% leap in the number of houses sold in May, followed by Newcastle (41.4%) and Cardiff (36.4%). The only area that saw a drop in s...

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