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The number of new properties coming onto the UK market rose by more than 10 percent during May, according to data from the country's largest independent estate agent haart.

The data showed a 10.1 percent increase on April, and the volume of ‘for sale' signs appearing was also up 3.9 percent on the same time last year.

Russell Jervis, Managing Director of haart, said: "The UK property market, from these figures, continues to show remarkable resilience in the face of a challenging economic environment.Realistic pricing from sellers and a sense of optimism among buyers in the run up to the Diamond Jubilee celebrations has combined to ensure that the strong start to 2012 enjoyed by haart looks set to continue well into the year."

His company is currently predicting sales of 20,000 homes worth in the region of £3 billion (RM14.76 billion) in 2012.

Jervis added: "We are also seeing a far wider choice of property types coming to the market in a far wider of choice of locations - something we haven't seen for a number of years - and something which will come as welcome news to people upsizing, downsizing or simply getting onto the property ladder for the first time."

Quote from Property Guru 12 June 2012

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