Monthly property statistics show an upward trend in sales
HMRC’s monthly property statistics show an upward trend in sales, which is good news for the chancellor, Rachel Reeves, say leading audit, tax and business advisory firm, Blick Rothenberg.
Heather Powell, head of property at the firm, said: “HMRC’s latest statistics for the number of properties sold in June 2025 provide some much-needed good news for Rachel Reeves. 95,080 residential properties were sold, and the sale of commercial properties is also on an upward trend, with 10,190 sales reported.”
She added: “Both of these monthly totals are approaching the average number of sales per month, based on levels of activity reported for the last three years, if we ignore peaks, and subsequent troughs triggered by changes in Stamp Duty Land Tax (SDLT) rates.”
Heather said: “Property transactions are a good barometer of the health of the economy, both businesses and individuals commit to major transactions when they are feeling confident and optimistic about the future. The chancellor will be hoping that this trend will continue, and the other economic statistics will follow.”