Home sales hit a high for 2019 across the UK, says taxman

The number of property sales in the UK hit the highest level so far in 2019 last month.

HMRC data shows there were 113,610 residential property transactions on a non-seasonally adjusted basis during October.

This was up 4.2% annually and up 14.4% over the month.

This is the highest number of sales recorded since November last year.

The increase was led by Wales, where transactions increased 6.3% annually and 14.3% on a monthly basis.

Sales were up 4.1% over the year and 15% over the month in England, 4.2% annually in Scotland and 7.9% on a monthly basis, while Northern Ireland saw a 4.6% annual increase and 11.2% monthly rise.

On a seasonally-adjusted basis, transactions were up 4.3% both annually and monthly to 103,680.

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One Comment

  1. Typhoon

    That’s because there is so much uncertainty every transaction is taking so much longer.This ‘swelling of numbers” is likely because there was a backlog and I bet if you look at last months numbers they were light

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