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24th of July 2011
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HMRC: House sales see slight rise in June

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by Kay Mitchell

HM Revenue & Customs (HMRC) has today revealed a marginal rise in the number of homes sold in June in the UK.

According to HMRC, 73,000 homes worth at least £40,000 or more were sold in the month – 5,000 higher than May’s level of 68,000.

However, it is 12,000 lower than June 2010’s figure.

Today’s figures, along with other recent reports, suggest the housing market will remain subdued throughout 2011 due to economic uncertainty and ongoing mortgage restrictions.

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News posted: July 22, 2011

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