Property sales down by 15%

The number of homes sold in England and Wales fell by 15% in May to 65,619, according to figures from the Land Registry.

And the number of homes sold for in excess of a million pounds dropped saw an even greater drop declining by 21%.

Unsurprisingly the capital saw the largest decline in such sales recording a 26% drop in the number properties million pound plus properties sold.

Unlike other indices the Land Registry index includes cash sales and is recognised as the providing the most accurate figures available.

Add a Comment

Your email address will not be published. Required fields are marked *