Marsh & Parsons are the first agents out of the blocks to report on the Olympics effect.
The Games failed to slow down the London housing market, despite a big drop in viewings, the agents say.
Between July 27 and August 12, viewings dropped 22% but the number of sales agreed rose 23% compared with the same period last year, and by 35% compared with the same period in 2010.
However, the firm did say that buyers stayed away, with 30% fewer applicants registering than a year ago.
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Comments
"Between July 27 and August 12, viewings dropped 22% but the number of sales agreed rose 23%"
Was this due due to the fact that staff could spend more time with genuine purchasing prospects and not having to spend time to 'filter' the usual number of time wasters who were probably watching the Games?
;>)