Non-residential property transactions decrease
HMRC have just released the figures for non-residential property transactions in the UK, which has seen the number of transactions decrease in June 2019.
The provisional seasonally adjusted count of non-residential property transactions decreased by 7.2% between May 2019 and June 2019, and is 12.4% lower than June 2018.
Year-on-year, non-adjusted non-residential transactions in June 2019 were approximately 19.1% lower than June 2018. Year-to-date transaction counts demonstrate less change, with 2019-20 decreasing compared to 2018-19 but returning to levels similar to 2015-16.
Looking at the bigger picture, residential property transactions have remained stable over the past 10 years.
To read the full report, please visit the HMRC website by clicking here June 2019 UK Property Transactions Statistics
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