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UK property transactions up 16.9 pct mm in July
Fri, 21st Aug 2009 11:27
LONDON, Aug 21 (Reuters) - The number of properties changing hands in the UK jumped 16.9 percent on the month in July to a seasonally adjusted 76,000, government data showed on Friday.
That was 10 percent higher than a year ago, HM Revenue and Customs data showed.
While the figures are a lagging indicator of the housing market, economists view them as a useful guide to future trends in spending on household goods. Keywords: BRITAIN HOUSING
(Reporting by Fiona Shaikh; Reuters Messaging:fiona.shaikh.reuters.com@reuters.net; Tel. +44 207 542 2774)
COPYRIGHT
Copyright Thomson Reuters 2009. All rights reserved.
The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
That was 10 percent higher than a year ago, HM Revenue and Customs data showed.
While the figures are a lagging indicator of the housing market, economists view them as a useful guide to future trends in spending on household goods. Keywords: BRITAIN HOUSING
(Reporting by Fiona Shaikh; Reuters Messaging:fiona.shaikh.reuters.com@reuters.net; Tel. +44 207 542 2774)
COPYRIGHT
Copyright Thomson Reuters 2009. All rights reserved.
The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
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