Residential property sales in England and Wales fell last year by nearly 15%, according to figures from the Land Registry. The data indicates that there were 850,281 residential property sales during 2017, compared with 650,513 in 2016. Sales in December were down to 70,943 from 99,385 in November. The annual level is far lower than in recent years, when totals of more than one million transactions were recorded, but is still higher than the 996,650 to which the figure fell in the crash of 2008.
Residential property sales in England and Wales fell last year by nearly 15%, according to figures from the Land Registry. The data indicates that there were 850,281 residential property sales during 2017, compared with 996,650 in 2016. Sales in December were down to 70,943 from 99,385 in November. The annual level is far lower than in recent years, when totals of more than one million transactions were recorded, but is still higher than the 650,513 to which the figure fell in the crash of 2008.