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Estate agents see registrations dip

The number of house hunters registering with estate agents fell to its lowest level in a year last month, figures from the National Association of Estate Agents (NAEA) showed.

Just 258 registrations were recorded in February, down from 291 the previous month, in a further sign that the housing market remains subdued following strength last year.

The NAEA data comes after updates from the Halifax and the Nationwide revealed prices fell for the first time in months during February.

The data did show the average the number of homes estate agents had on their books edged up to 56 from 55.

It also showed the average number of sales agreed per estate agent edged up to 6.8% from 5.7% in January.

The NAEA released the figures on the same day the Department for Communities and Local Government said house prices jumped by 2.2% in January.

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