UK housing demand hits record high in July, sales surge by more than 30% year-on-year
According to data from HM Revenue and Customs (HMRC), UK home sales reached a record high of 110,970 in July, up 7% from June and up 33% year-on-year, the highest level this year. HMRC pointed out that monthly sales have remained at about 100,000 units this year, reflecting that demand for housing remains strong. Propertymark chief executive Nathan Emerson said the data showed that the UK property market continued to hold steady, with transaction volumes rising well above pre-pandemic levels. De...
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