Surge in activity as buyers try to beat price rises

Following numerous reports of housing market recovery, further evidence has emerged of improved consumer confidence and home buyers trying to snap up bargains before prices rise further.

After record numbers of visitors to property website FindaProperty.com in July 2009, August is showing signs of even more activity. Visitor numbers peaked on 11th August as the equivalent of more than two visitors hit the site every second.

For the first eleven days of August 2009 the number of unique visitors to the site was up 16% compared to the same period last month and 32% higher than same period in August 2008.

Michael O'Flynn, Director of FindaProperty.com, said:

"We’ve heard numerous reports telling us prices are up and the market is improving but we haven’t had a good measure of consumer confidence. This surge in visitor activity shows those who have been waiting for the market to bottom out now believe the recovery in sale and rent prices is sustainable and are trying to snap up bargains before it’s too late. While it’s still early days, this shows some positive signs in the property market.”