Just below 1.2 million residential properties changed hands in the UK throughout 2018 according to data from HM Revenues and Customs. Despite talks of a slowdown in the market, this is in fact just 30,520 fewer than during 2017. This is great news if you’re thinking about buying and selling.
The end of 2018 provided some seasonal cheer. 204,800 sales are estimated to have taken place in November and December, the highest bi-monthly figure since March/April 2017
Despite the current uncertainty, sales volumes remain considerably higher than during the economic crisis. Transaction levels in 2018 were 41% higher than in 2009
If you would like to discuss buying or selling get in touch with your local office by clicking here