The London market has shown no sign of easing off for Christmas with sales up 2% in November from October and 56% year-on-year.
According to the latest figures from Sequence, London continues to move at a faster rate than the rest of the country with sales nationwide seeing a 32% year-on-year increase and 1% from October.
House prices in the region are also up, with a 15% annual increase taking the average price of £425,486.
David Plumtree, Chief Executive, Sequence, said: “The current property market appears to show no signs of slowing as we approach Christmas, with activity levels and house prices remaining buoyant.
“Looking at the annual rate of change it becomes clear that 2013 is a very different market to that of last year, with sales transactions levels across the UK up 32% and house prices up 9%.”
