PHOTO: Demand for homes is projected to be three and half times greater than supply in the next 12 months.

The gap between those who say are will “definitely sell” dwellings and those who will “definitely buy” is the largest since tracking started in October 2010 in Horizon Research market forecasting for Property Press.

Some 2.5% of dwelling owners say they will definitely sell in the next 12 months.

However, 8.9% of respondents to a nationwide survey say they will definitely buy.

This lifts the national dwelling buying intention back to 2015 and 2016 levels.

Definite supply is decreasing at about the same rate as definite demand is increasing.

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