Tuesday, September 21, 2010

The number of homes changing hands in the UK has halved since August 2007

UK PRESS: The number of homes changing hands in the UK has halved since
August 2007, the Telegraph reports. Around 85,000 properties worth more
than stg40,000 were sold during the month, down from 90,000 in July,
according to HM Revenue & Customs. The figures highlight the current
subdued state of the housing market and the level was less than half the
162,000 homes that were sold in August 2007.

From Market News International

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