Property sales in the South almost halved

Property sales in the South dropped by 42% in the last three years. Figures from Lloyds TSB reveal property sales in all of England and Wales have fallen by 47% between 2007 and 2010. Last year there were just 649,957 property sales. However, between 2009 and 2010 there was a 6% rise in sales in England and Wales. Figures showed that most of the towns that saw the biggest increase in property sales from 2009 to 2010 were in the South.