More than 50 days have been shaved off the typical selling time of a property, a website has reported.
Home, a search engine which gathers data from a variety of sources including portals and estate agents’ own websites, says that time on market was 184 days last month – a record – but is now down to 129 days.
However, time on market is still excruciatingly long, compared with summer 2007, when the typical UK property for sale spent just 50 days on estate agents’ books, says the site.
Homes beginning to shift more quickly
15 June 2009
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