Article preview: With Brexit looming, the British housing market appears to be in an uncertain and unsettled state, with either low growth or declining transaction volumes. Looking at the upper end of the property market, new figures show a mixed picture and regional divide when it comes to the sale of million pound plus homes. The data, which comes from Lloyds Bank Private Banking, shows Wales and the Midlands taking the lead for expensive property transaction growth. In Wales, there has been a 100% increase in high end property sales during the first half of 2018, up from 9 sold in 2017 to 18 sold in 2018.
Mixed picture for million pound house sales
This 597 word blog post examines the latest transaction volumes for million pound plus properties in different parts of the UK. Includes an expert comment from Sarah Deaves, UK Wealth Director at Lloyds Bank. Written on 5th January 2019.
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