21 Dec

Property transaction levels remain relatively stable, figures show

Property transaction levels remain relatively stable, figures show

The number of transactions for properties for sale in the UK worth more than £40,000 has remained relatively consistent, figures have revealed.

HM Revenue and Customs (HMRC) has released statistics today (December 21st 2010), which show that the number of sales on residential houses in Britain in November 2010 was 77,000.

This is only a slight dip from the previous month's figures of 80,000 and matches with the transaction levels for September, which also came in at 77,000.

The findings indicate that while there may be uncertainty over the property market, potential homeowners continue to purchase houses for sale in the UK, with there being only a small drop in figures between November 2009 (83,000) and the following year.

HMRC's results back findings from the National Association of Estate Agents, released earlier this month, which showed that there has been an increase in the number of people registered with an estate agent recently.ADNFCR-1222-ID-800304865-ADNFCR

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