The number of house hunters registered per estate agent branch fell to 313 in December from 322 in November, its lowest level since June 2019, according to NAEA Propertymark.
However, the report also revealed the number of properties per member branch increased from 39 in November to 41 in December, the highest since August 2019.
Despite this, the number of sales agreed per member branch fell from seven in November to six in December. Year-on-year however, the number of sales agreed has increased, from five sales agreed in both December 2017 and December 2018.
The report also said the number of sales made to first time buyers “increased marginally” in December, rising from 28% in November to 29% the following month. This is an increase of 5% from December 2018 when the number of sales made to the group stood at 24%.
Mark Hayward, NAEA Propertymark chief executive, said: “After a period of suppressed market activity due to Brexit and political uncertainty, the clear outcome of the General Election in December has injected some much-needed confidence into the market.
“Despite it typically being a quieter time of year seasonally, our figures have shown positive trends with both demand and the number of sales being high in comparison to previous years, as both buyers and sellers no longer hold off on their plans. This is an encouraging close to the year and we hope to see more of this stability in 2020.”