Large drop in new properties coming onto market in England and Wales

The supply of properties for sale in England and Wales has slumped in recent years to alarmingly low levels, according to latest figures to be published. The property search engine Home.co.uk has recorded a 51% fall in the number of properties for sale in England and Wales over the last eight years, from 855,585 in April 2008 to just 415,038 in April 2016. There has also been a 26% decline in the number of properties for sale in April 2010 compared to April this year. In addition, there was a 12...