October proved that the appetite for London properties continue to increase, with 10 per cent more offers received last month than the same time last year and the same increase in buyers year on year.
Vendors remain precariously bullish in some cases, citing Christmas, lack of stock, expectations of price rises in London and falls in the country next year as reasons. Not all commentators are as optimistic.
It seems again that stock levels are following a downward trend and with plenty of keen buyers out looking at the moment, you would have to be a brave vendor to risk holding off and not selling in the current market.
It seems that the lethargic start to the autumn market, thanks to the Olympics, means that perhaps November and December will be busier than anticipated.