Property UK:  Number of homes sold DROPS in March | Property | Life & Style

In a report issued by HMRC this morning, the overall numbers of homes sold in the UK in the first three months of this year, which totals 290,670, is down by just over five percent on the same period in 2017 when 307,550 properties were sold.  In fact, reviewing the data over the last few years, we would have to go as far back as 2015 to find a lower number of transactions for the first quarter of the year, when the total number of properties sold was 288,490. Comparing…

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House prices FALL again: Average UK property price drops over £3123 | Property | Life & Style

House prices have dropped since last year, the Halifax House Price Index revealed this morning.  The headline figure of a 2.2 per cent year on year increase in average house prices is lower than the 2.7 per cent annual increase reported in December, and prices have cooled slightly month on month with a 0.6% drop between December and January. In real terms, according to the Halifax the average house price in the UK was £223,285 last month, versus the £219,217 in January 2017, but lower than the highest recorded figure…

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