UK experiencing a crisis in supply of homes for sale

There are 10 buyers for each property for sale in the UK as the supply of homes on the market has fallen again, reaching crisis level according to estate agents. At the same time sales to first time buyers fell in November even although the number of house hunters increased, the latest monthly report from the National Association of Estate Agent (NAEA) shows. After a promising period from July to October in which the number of sales made to first time buyers grew, in November, the percentage of ...