New Home Owners And Snagging Forum

Home Owners => House Prices and the housing market => Topic started by: The Prophet on October 03, 2011, 09:26:01 am

Title: Fewer house sales forecast for 2011
Post by: The Prophet 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