House sales at six-year high

House sales are at a six-year high, but what does this mean for merchants?

24th January 2014

House salesIt would seem that despite it having been the festive season, people were not afraid to dig deep into their pockets during December as the number of homes sold per chartered surveyor soared to an average of 21.3. According to December’s RICS Residential Market Survey, this figure is the highest seen since March 2008, never mind the fact that house prices are actually continuing to rise.

Every area of the UK has now seen house prices increase, proving that the housing market is beginning to improve significantly. With sales at their highest in six years and an increase in mortgage availability boosting the number of buyers in the market, things are looking up for builders’ merchants and construction industry traders as residential construction continues to thrive. While there is the threat of prices becoming unsustainable and causing a property bubble in some areas, for now the residential property boom means there is a high demand for materials and equipment, driving an increase in trade for builders’ merchants and construction industry traders. Are you prepared for an influx in business?

Retail management software will ensure that you are prepared to handle growth, that your business remains successful and that you are able to compete in the industry. With point-of-sale software on hand you can implement competitive pricing policies and better manage your stock levels so that you never leave your customers disappointed. To find out more about how Integrity Trader software can benefit you and your business, contact the team today.

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