New build home sales registrations fell substantially in April compared with last year

Property Wire | May 31, 2019

There was a 15% decrease in new build sales registered in England and Wales in April compared with the same month in 2018, the latest official figures show. Overall there were 74,683 sales registrations with the Land Registry in the month. Freehold sales fell by 1.8% year on year but the 15% fall on new build registrations was much higher. Month on month registered property sales fell from the 88,531 recorded in March. A breakdown in the figures shows that the number of flats fell from 16,832 in March to 13,345 in April. Detached house registrations fell from 19,119 in March to 16,137 in April, while semi-detached figures were down from 22,815 to 19,430. Meanwhile, terraced sales fell from 23,435 to 20,041. The data also shows that 394 were of residential properties in England and Wales for £1 million and over and 242 were of residential properties in Greater London for £1 million and over.

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©2015 Century 21 Real Estate LLC. All rights reserved. CENTURY 21® and the CENTURY 21 Logo are registered trademarks owned by Century 21 Real Estate LLC. Each Office is Independently Owned and Operated. ©2015 United States Soccer Federation, Inc. All Rights Reserved. DOWNLOAD THE OFFICIAL RULES AND THE RECENTLY UPDATED.

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