Greycoat: UK Reacts to Drop in Property Transactions

As 2023 ended, the number of housing transactions throughout the UK plummeted and dropped by approximately 1/5, which means that 20% fewer housing transactions were taking place year-over-year, Greycoat informs. As the property purchase market continues to slow, this means that the UK market is slowly fizzling out with only about 85,120 housing transactions (sales)…