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LATEST NEWS & EVENTS Residential property conveyancing 'showing improvement'  Residential property conveyancing could be showing signs of improvement as it emerges that more people are looking to buy houses. The National Association of Estate Agents (NAEA) reports that more potential buyers registered with its members in the first month of 2011 than in December. On average, 252 people registered with estate agents in January, up from 227 the previous month, though this is still down on January 2010's figure 0f 291. In addition, the NAEA reports that there more properties available for sale, rising from 64 per branch in December to 69 in January. Michael Jones, president of the NAEA, said: "It is encouraging to see activity levels begin to increase following the downturn we saw in December where bad weather and the Christmas festivities kept many house hunters away." He added, however, that concerns remain for residential property conveyancing, with the VAT rise and interest rate pressures likely to continue to have a negative effect. It comes after the Council of Mortgage Lenders reported that the housing market remained "stable but subdued" last year. Posted by Gaby Hamerton 
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