NAEA Propertymark has revealed that, during March, the number of houses available to buy fell to the lowest level ever recorded.

Mark Hayward, Chief Executive, NAEA Propertymark said: “Despite the fact that activity in the housing market increased in March, the levels of supply and demand recorded aren’t where we would expect them to be at this time of year. It’s clear buyers and sellers are still feeling cautious and holding off on making any decisions in light of the current political climate and economic uncertainty. However, recent house price data indicates we might see confidence in the market grow as house prices slowly begin to return to previous levels and we edge closer to the summer months.”