Data Reveals Terraced Houses As Most Popular Property Type
Proptech firm GetAgent has analysed data from HM Land Registry that indicates that terraced houses are the most popular type, accounting for 29% of sales.
Bottom of the list were apartments accounting for only 17% of sales nationally.
GetAgent’s Chief Executive indicated that those moving to semi and detached homes tended to be doing so for the “long haul” while those moving to a terraced home may move in a few years.
Speaking about the report, he said:
“It also allows housebuilders to provide more stock in new developments with the space they have to build on and this heightened level of supply hitting the market for the first time also increases sales”
You can read more about this story on Estate Agent Today here.