Number of residential property transactions drops by over one fifth in April

May 24, 2017

HM Revenue and Customs UK Property Transactions Count – April 2017 released 23rd May 2107.

National Statistics – monthly property transactions completed in the UK with value of £40,000 or above.

The number of residential property transactions  dropped by over one fifth in April as the housing market showed further signs of a slowdown.

For April 2017 the number of non-adjusted residential transactions was about 22.5% lower compared with March 2017. The number of non-adjusted residential transactions was 12.8% higher than in April 2016.

The provisional seasonally adjusted UK property transaction count for April 2017 was 99,910 residential and 9,980 non-residential transactions.

Read the HM Revenue and Customs UK Property Transactions Count – April 2017 in full click here.

 

Allen Walkey

Highly experienced businessman with a successful career in property sales and investment both in the UK and abroad. Now a freelance writer and blogger for the property and Investment Industry, keeping readers up-to-date with changes and events in a rapidly changing world.

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