Sales through our 11 retail shops increased in August over the levels that we had seen in June and July with each shop selling on average 9 houses which is almost double the level of the dark Autumn of 2008.

Stock levels have remained static however the number of valuations has begun to drop reflecting a nationwide trend and forecast that stock is becoming scarce to find.

Offers are still coming in at below market price and are becoming harder to get vendors to accept as contracting stories in the media of prices beginning to increase has not filtered through to purchasers who are still firmly in the mindset that it is a buyers market.

Mortgage's are out there however rates are increasing and values are still being tough.

All in all there are 'green shoots' however in our opinion the shoots may have appeared but as yet they are not showing too many signs of growth.