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21 December 2017
Doug Crawford, CEO of My Home Move, comments on today’s HMRC property transaction figures for November 2017
“Against the odds, the UK’s housing market has remained broadly resilient in 2017. Last month witnessed a 7% uptick in transactions compared with the same month last year, placing the market in good footing for the challenges that 2018 will undoubtedly bring.
“Whilst many buyers rush to complete in time to put up the Christmas tree, millions of market hopefuls are still excluded from entry to the property ladder as demand continues to outweigh supply.
“Phillip Hammond’s recent focus on housing will only strengthen demand for in 2018 and it is up to the industry to ensure it is met with sufficient stock.”