November 6, 2018
SECONDS TO SELL
- A property was sold somewhere across England and Wales every 9 seconds of working hours between January and July of this year.
- With 10 regions in the country, assuming an even distribution, this would equate to a property sale in every region within a minute and a half period. However, with regional differences including the number of available properties and volume of housing stock, there are variations.
- In the South East and North West, a property was sold during every working minute of the day.
- In the North East where fewer properties are sold than in other, more densely populated regions, there was still a sale every 3 minutes.