UK property transactions up 16.9 pct mm in July

LONDON, Aug 21 (Reuters) - The number of properties changing hands in the UK jumped 16.9 percent on the month in July to a seasonally adjusted 76,000, government data showed on Friday.

That was 10 percent higher than a year ago, HM Revenue and Customs data showed.

While the figures are a lagging indicator of the housing market, economists view them as a useful guide to future trends in spending on household goods.

Source: London South East