Sale of residential properties in UK increases

According to a new research, the number of residential properties advertised for sale in the UK has increased and average asking prices have reduced by 0.2 per cent.The early conclusion from the UK’s Building and Residential Services team of analysts is that UK households have the confidence to try and move house and accept that prices may need to soften to make it happen since the decision to leave the EU while there is no sign of a property recession.The research suggests that the listings, volumes do not suggest a slowdown and an analysis of residential property listings on major UK property portals and have found that since the EU referendum, the number of listings has increased by 3.6 per cent.