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News: First-time buyers a rare sight, say estate agents

Tue, 29 Nov 11


First-time buyers are 'rarely seen', estate agents say, with their share of the UK housing market having fallen to a three-year low.

Sales to those buying their first home fell from a 22% share of the market in September to a 16% share in October, figures suggest.

The National Association of Estate Agents (NAEA) said this was the lowest proportion since December 2008.

One economic research company has also scaled back its price growth forecast.

Source: BBC.co.uk

See also: Estate Agents

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