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Author Topic: Fewer house sales forecast for 2011  (Read 8639 times)

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The Prophet

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Fewer house sales forecast for 2011
« on: October 03, 2011, 09:26:01 am »
According to Winkworths, there are likely to be only 575,000 house sales this year.
Land Registry figures show that there were 880,000 total residential transactions last year and 1.6 million in 2006.

The number of repossessions is also likely to increase beyond the 60,000 per year which Quantitative Easing (QE)
and low interest rates have thus far kept in check