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Non-Adjusted Property Sales Figures Show Decline
This article is an external press release originally published on the Landlord News website, which has now been migrated to the Just Landlords blog.
Non-Adjusted Property Sales Figures Show Decline
HM Revenue & Customs (HMRC) has reported that there were 106,480 residential property transactions in August, a monthly and annual rise.
This figure is provisional and seasonally adjusted, indicating a 3.1% increase on July and up 5.7% on August last year.
However, the non-adjusted figures – the actual number – was lower, down 7.4% on July and 1.9% on August 2014.
The non-seasonally adjusted number was 112,490 home purchases in August, down from 121,480 in July and 114,720 in August last year.
The seasonally adjusted and non-adjusted figures are still much lower than the peaks seen in 2006 and 2007.
