Data shows that residential transactions in December 2020 are at their highest level for the month of December in 10 years, although year to date figures are at a 9 year low.

These figures represent a recovery rather than a boom.

Anna’s comments on the increase in residential property transactions reported by HM Revenue & Customs were featured this week in the Daily Mail, Metro.co.uk, Property Reporter & Mortgage Finance Gazette.

The increase in residential property transactions – 34.2% higher than December 2019 and 14.0% higher than November 2020 – is seen as good news for the property market.

It reflects positive forces that are applying uniquely to the housing market at this time.

Links to the full articles:
https://www.dailymail.co.uk/news/article-9170147/Biggest-house-price-jump-FIVE-YEARS-London-leads-way-500-000-average-home.html

https://www.metro.news/business-briefing-jailed-trader-faces-paying-back-4m-for-insider-scam/2303539/

https://www.propertyreporter.co.uk/property/uk-hpi-astonishing-activity-sees-average-house-prices-surge-by-76.html

https://www.mortgagefinancegazette.com/market-news/housing/recovery-not-boom-housing-transactions-soar-december-21-01-2021/