HMRC: Property sales still subdued

New figures from HM Revenue & Customs (HMRC) show that property sales rose slightly in June, but are still down on the same time last year. According to HMRC 73,000 homes were sold in last month, an increase of 5,000 on May but still 12,000 lower than the same time last year. So far in 2011 382,000 houses have been sold in the UK, down from 407,000 at the same time last year. To put the figures into further context the number of houses sold in the first half of 2011 is less than half the number sold in the first half ...