Liquid error: wrong number of arguments (2 for 1) UK housing supply keeps growth in check | Marsh & Parsons Sales and Lettings Estate Agents London

Blogs, Press & Media

UK housing supply keeps growth in check

Wed 20 Aug 2014

The rising supply of houses for sale in the UK is keeping price growth in check, according to new figures.
The latest HMRC data shows that the provisional seasonally adjusted UK property transaction count for July 2014
was 101,190 residential and 9,330 non-residential transactions in July 2014, down 1.3 per cent from the previous
month but still 13.5 per cent up year-on-year.

Peter Rollings, CEO of Marsh & Parsons, comments: "As we witness a return to more natural and orderly trading
conditions, buyers and sellers are finding the property market a less intimidating environment than it seemed a
few months ago.
"The number of house sales may have fallen in the month to July 2014, but it still represents a steady and
sustainable increase of activity when compared to the picture a year ago. In the short-term, the introduction of
more stringent borrowing regulations and affordability criteria in the spring tempered the market. But all the
ingredients are in place to ensure the continued vigour and vitality of the housing recovery.

A surge in supply of available properties is soothing competition and keeping house price growth in check. Buyers and sellers alike
have a bigger selection of choice available to them when looking to step onto the housing ladder or trade up,
sending budding shoots of consumer confidence all the way up the chain."

Contact our office

Close

Contact our Lettings team

Close

Contact our Selling team

Close

Contact our About us team

Close

Contact our Corporate Services team

Close

Contact our International team

Close

Contact our Land and New Homes team

Close

Contact our Professional Valuations team

Close

Contact our Professional Services team

Close

Contact our Property Management team

Close

Contact our Riverside Properties team

Close

Contact our Career team

Close

Contact our office

Close

Request a viewing

Close

 

Close

Share this with a friend

Close