FTBs return but market remains steady

The National Association of Estate Agents, (NAEA) latest housing market survey claims the percentage of active FTBs rose to 22.3% of all homebuyers in March from a record low of 10.1% the month before. The return to healthier proportions, last seen in 2002, appears to be an immediate reaction to the Chancellor’s amendment to the initial Stamp Duty threshold, says the NAEA, as well as FTBs taking advantage of the current market conditions, which have seen rising prices halt with the market shifting in favour of buyers. House prices have barely moved according to the NAEA, with prices le...