House #sales hit #highest level since 2009 - #HMRC The number - TopicsExpress

House #sales hit #highest level since 2009 - #HMRC The number of homes being sold in the UK has risen by 24% over the last year, according to the latest data from HMRC. Seasonally-adjusted figures show that 96,979 flats or houses were sold in the month of November - the highest number since December 2009. However, the number of transactions is still far below the peak of the market, when up to 150,000 homes were being sold every month. A rise in the housing market activity is generally seen as a positive sign, as long as prices do not get out of control. Last week, the CML reported a 30% rise in lending over the last year, although the amount being borrowed dropped slightly in November.

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