Property Supply Across The UK Fell By 11.9% In November

More than two thirds (67.4%) of towns and cities experienced a drop in new listings says the Index. In London supply fell by almost a fifth  with just two of the capital’s 32 boroughs seeing a rise in new property listings in November. The biggest riser was Swansea where new property listings last month jumped 89% while the biggest decrease was in Hereford where supply fell by 42.1%. To compile the Index, HouseSimple looks at data on more than 500,000 listed properties to track the number of new properties marketed every month in more than 100 major towns and cities across the UK and all London boroughs. Read more on Housing Excellence.