Number of residential property sales per year in London, England 1995-2023
The volume of residential property sales in London dropped substantially after 2007 as a result of the global financial crisis. Though housing transactions gradually increased until 2014, sales volumes remained shy from the period before the financial crisis. The housing boom in 2021 led to transactions jumping to nearly 108,000, up from 75,000 the year before. That substantial increase was followed by two years of the market contracting.
