HMRC Confirms Static Property Market
For the third month in a row, UK property sales topped 100,000 – almost the same number compared to 12 months ago.
RICS (Royal Institute of Chartered Surveyors) have also confirmed they are seeing the London slowdown starting to affect South East England.
The reason for the static market in UK is thought to be caused by a general lack of demand combined with a shortage of homes.
Currently, the Edinburgh property market is slightly different. We will discuss this in our next Property Blog.