Prop­erty sale hotspots fall

Yorkshire Post - Property - - FRONT PAGE -

THE num­ber of prop­erty sales hotspots in Eng­land and Wales fell to their low­est level since the height of the fi­nan­cial cri­sis, ac­cord­ing to new re­search by Lloyds TSB.

Just 40 per cent of the 500 towns tracked in Eng­land and Wales were hotspots – towns that recorded a rise in home sales – in 2011. This was the low­est pro­por­tion of towns ex­pe­ri­enc­ing an an­nual rise since 2008. Towns in the north see the big­gest in­creases in sales and 59 per cent saw a rise in home sales in 2011, com­pared to 41 per cent in the south.

Bil­ston, Wolver­hamp­ton (30.7 per cent), Ruge­ley in Stafford­shire (30.6 pc) and Boo­tle (21 pc) recorded the big­gest in­creases and Tower Ham­lets recorded the largest fall (-22 pc).

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