Possible Recovery

Maybe Business Minister Baroness Vadera did not make such a blunder when she said she could see the glimmer of an economic recovery.

Redundancies do continue, with several estate agents still losing staff but a number of agencies across the country have reported in just the first few weeks of 2009 a surge in buyer enquiries. New initiatives are currently in process with the large property portals working hard to develop extra support services to help and ease estate agents as best they can.

December saw transaction levels hitting an all time low, down to 10.1 per agency, as reported by The Royal Institution of Chartered Surveyors, fuelling speculation that new business is building.