Friday, 23 February 2018

Property Sales Unchanged Year On Year

Residential property sales in the UK increased by 1.3% between December 2017 and January 2018 and were 0.1% lower compared with the same month last year, the latest official figures show. There were 102,610 residential sales and 10,780 non-residential transactions, according to the data published by HMRC, unchanged from a year ago and rising only marginally on a monthly basis. Overall sales have been stagnant and experts believe it is a sign that there is just not enough properties and the limited housing supply is acting as a roadblock. Read more on the Property Wire website.

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