The property research group Hometrack has reported that sales are on the rise and prices are levelling out. Hometrack’s survey of the national housing market shows that despite a drop in house prices for the tenth consecutive month the market was stabilising as the number of buyers increased. The rate of price falls has slackened for the fourth month in a row with the average price down a non-seasonably adjusted 0.1% in April from March to £162,100. But there remains a problem with housing oversupply. Hometrack’s housing economist John Wriglesworth said: “Post-election, whichever party wins, there is likely to be a bounce back in the market as the economic and political prospects become more certain, thus encouraging consumer confidence to return. There are no fundamental reasons why the market should not recover.”