Cadman Homes see signs of progress in housing market

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The latest British Chambers of Commerce Quarterly Economic Survey shows that the economy has made further progress, but there are still some risks at home and abroad that could derail the recovery.

The new survey, made up of responses from more than 7,400 businesses, shows that most key balances strengthened in Q2 2013 compared with the previous quarter.

Export balances remain strong, with the services export deliveries balance reaching its highest level (+36%) since the survey began.

Rugby-based estate agents Cadman Homes are seeing this filter through into the housing market, and the wider local economy.

“Not only are houses letting and selling quickly and for good money, but we are seeing many local businesses both large and small recruiting more and more people, and a good number of new businesses opening both in the town centre, and further afield,” Valerie Cadman-Jones, owner of Cadman Homes said.

The findings suggest that the economy will continue to strengthen gradually over the next year, with growth slowly improving.

The results also demonstrate resilience among UK businesses, who continue to feel confident and are looking to invest and increase exports.

Cadman Homes are a local, family firm in Rugby and Coventry. They are currently running an incentive for readers of the Rugby Advertiser which you can see on this page. Contact (01788) 560 905 email or pop into the Castle Street office.