Cambridge property sales drop due to lack of housing stock – but house prices continue to rise – your local Cambridge Mortgage Broker

Our local newspaper here, the Cambridge News, reported on 26^th February 2016, that a shortage of properties is being blamed for house sales in Cambridge dropping by a fifth (20.4%) over the past year. According to property marking analyst Home Track Cambridge saw the highest drop in house sales of any of the UK’s top 20 cities.[i] However the list house prices saw Cambridge at the top, rising by 13.9% (London was 13.4%).

[i] http://www.cambridge-news.co.uk/Cambridge-property-sales-drop-prices/story-28809259-detail/story.html