Property Prices Remaining Virtually Static
By Alex at Aboda, Sep 9 2019 09:09AM
Here's a quick snapshot of what's happening in property markets:
- Over the last 12 full months there have been 98,578 sales in the East of England. This is a –8% change on the previous 12 month period. The average sales price was £287,034.
- Property prices remained virtually static in June, the average price of a property £230,292 up just 0.7% on May. Year-on-year prices have risen by 0.9%.
- The HMRC report that transaction levels in July were 12.4% below the same month a year ago. It is worth pointing out that the June 2019 figure has just been revised from a 16.5% fall to a 4.7% fall. It is likely that the July fall is not as substantial as is being currently reported.
If you need advice about putting your property on the market, or your home is on the market and you're not getting anywhere...feel free to give me a call! I'm always happy to help!
Alex Doggett - Owner - ABODA Fine Homes