Signs of a fall in activity for 2011
THE number of properties sold in 2011 dropped by 2.8% compared to 2010, and the number of new “For Sale” listings last year also fell by 5.2% on the previous year.
Estate agency signs firm Agency Express say there are sharp contrasts, with five out of the twelve regions showing increases in the number of properties achieving “Sold” status in 2011 compared with the previous year.
London topped the rankings, up 13.5% on 2010, followed by Wales, up 12%, the West Midlands 6.4%, East Anglia 3.2% and the East Midlands 1.6%. The North-east suffered a 14% drop, Yorkshire was down 12.3%, central England 9.3%. Wales had the greatest number of new “For Sale” listings, up 7.1% on the year before.