UK property transactions fall for third month in a row – BBC News

For the third month in a row, UK propel.transactions have not did well. The number of homes that have been brought or sold has fallen. In fact, in May alone the numbers fell 3.3%. What’s even more ironic is that this was exactly how the market was last year. Experts were hoping that their sales would increase this year, but unfortunately this was not the case. One can only hope that the market picks up because this is not good.

Key Takeaways:

  • Across Britain, there were more than 95,000 seasonally adjusted home property transactions, within the month of June.
  • Unfortunately, this figure represents a significant dip from last month and the biggest plummet since October 2016.
  • Experts worry that these anemic figures better represent the market health than the actual house listing prices.

“These figures are disappointing as we would have expected them to be much higher bearing in mind the turmoil in the market this time last year”

Read more: https://www.bbc.co.uk/news/business-40680575