Housing supply has halved in the last ten years

Housing supply in Britain remains a huge problem – and the outlook only looks worse, writes property developer Richard Carr.

Falling numbers

First time buyers - Richard Carr

First time buyers are suffering

In December last year (2015) the average number of properties available per estate agent branch was just 37. This is considerable drop compared to the same month in 2005 when 72 houses were on the market. 45 homes were available this time last year.

The National Association of Estate Agents research shows that the supply of available housing to buy in the UK has almost halved in the last ten years, which is heavily contributing to the problems first time buyers are finding getting onto the property ladder.

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