Property Sales Down 35%
Volume of property sales down from same period last year
10th May 2005
New official figures show that the volume of property sales has fallen 35% over the last year.
The Land Registry, which records ownership of properties, reports that 159,116 properties changed hands in the first quarter of 2005, down from 243,914 in the same period of 2004.
The report also put residential property price inflation at around 10% over the year, with the average house now costing £183,486 compared to £166,404 last year.
Read More: Money Guardian
Home - Investment - Property
