States Report Shows House Sales Highest in 3 Years

10th October 2016

Pound coins chart

The number of Guernsey house sales between April and June 2016 was the highest in one quarter for 3 years, according to the States 2016 2nd quarter economic overview.

The report also highlights a 1.9% growth in real earnings and a drop in residential property prices. While house prices remain expensive relative to earnings, property in Guernsey is currently at its most affordable in 5 years.