Residential Property Sales 2018

News at Newton Fallowell | 30/01/2019



 

  • Just below 1.2 million residential properties changed hands throughout 2018 according to data from HM Revenues and Customs.
  • Despite talks of a slowdown in the market, this is in fact just 30,520 fewer than during 2017.
  • The end of 2018 provided some seasonal cheer. 204,800 sales are estimated to have taken place in November and December, the highest bi-monthly figure since March/April 2017.
  • Despite the current uncertainty, sales volumes remain considerably higher than during the economic crisis. Transaction levels in 2018 were 41% higher than in 2009.