Moverly aimed to determine how the UK property market has evolved over the years, analysing the average number of annual UK residential property transactions seen each decade from 1990 to now.
According to this data, around 12.935 million homes were sold across the UK during the 90s, equating to an average of 1.293 transactions across the decade.
Moverly’s report states that this level of market activity notably accelerated in the noughties, with 1.405 million homes sold on average, an increase of 8.6% compared to the previous ten years despite the 2008 global financial crash.
However, the impact of this market turmoil apparently left its mark throughout the 2010s, with just 11.036 million homes sold across the UK in this period. This equated to an average of 1.104 million per year, with the annual total slipping by 22% below the previous decade.
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