020 7538 0102
4th September 2015
The number of homes being sold in England and Wales has fallen significantly, according to figures from the Land Registry. In May this year, there were 65,619 transactions in total, a 15% fall on the same month in 2014. However, prices in some property hotspots are still rising by up to 13% a year, due to lack of supply, with prices in London, South East and East England rising at close to double the rate of the country as a whole. Prices in the east were up 8.9% on the year, followed by London at 8.3% and the South East at 8.2% but elsewhere price increases remain muted.