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Property sales up 37% on last year

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  • Property sales up 37% on last year

    Well, the statistic looks frightening - sales of homes over Jan to March of this year are up 37% on last.

    A point to maybe note is that last year housing inflation pretty much flattened for a while, so maybe the percentile increase is misleading.

    Even still - worrying for us first-time buyers - we want a sluggish market, not a bouncy one!

    http://news.bbc.co.uk/1/hi/business/4751057.stm

    The number of home sales in England and Wales jumped by 37% during January to March compared with the same period a year ago, the Land Registry has said.

    Prices in England and Wales rose 5.05% in the year to 31 March, the registry said, to an average of £192,745.

    Wealthy City financiers and foreign buyers pushed London prices 6% higher to more than £300,000 on average.

    The biggest increases were seen in the north-east of England, while Conwy in Wales suffered the largest drop.

  • #2
    I have a question about link exchange and properties marketing. We offer estate properties in
    Europe and I would like to find some info for good agencies like Switch Homes.
    It is real estate agency selling Bulgarian properties. Already established contact with them and I very glad
    I know this guys. Please give some advices where I can find the similar agencies that we can work with.

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    • #3
      Those increases are high, no wonder its so hard to get on the property market in the uk. average house price in the uk over £200,000 why bother spend 50k on place in the sun instead. better life

      Last edited by brian; 09-04-2007, 10:14 PM.
      www.gekkoportugal.com
      A guide to buying property in Portugal
      www.chavetejo.com
      INCI Estate Agents, AMI 7856

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