Property prices stabilise as transaction numbers dwindle
National transaction volumes are 6% below the seasonal trend, reports LSL, while London has seen a 7% drop in deal numbers in the last year
Transaction numbers & property prices continue to fall
LCP reports a 21.5% quarterly drop in deal numbers across England & Wales
London property prices slump further – but RBKC super-prime deals bolster averages
Annual house price inflation across England & Wales now stands at just +1%, according to LSL and Acadata
Transaction numbers likely to end the year 15% down, predicts Knight Frank
"This does not feel like a re-run of 2008/09 for the UK property market," says Knight Frank, as it forecasts minimal property price drops against a complex economic backdrop.
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