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The volume of homes sold is, of course, dropping.
In contrast, the volume of homes for sale across the country grew by just 7%.
The sheer volume of homes they built is impressive, a reminder of what can be achieved by mass house-building, freed of the planning system.
If long-term rates moved from 5.5percentto8percentcent, for example, that would put a damper on the volume of homes changing hands.
"The volume of homes bought by foreign investors is still around 6%, which is where it has been for a long, long time," he told LBC. "London is an international city and it would be wrong for us to declare, in some autocratic way, that we are going to repel all international investment.
But the potential harm, based on the volume of homes tracked through the system, is significant.
Similar(49)
Moreover, the volume of home sales has plunged.
"The sheer volume of home-made firearms and grenades found in his bedroom exposed his obsession with weapons and explosives.
But the volume of home lending and student lending had soared at CIT, setting the stage for a sharp reversal of fortune when those markets soured.
The two housing price reports lag, by a month, the figures on the volume of home resales, which were issued Monday for October.
HSBC, the multinational bank based in London, reports that its volume of home loans extended to foreign borrowers in the United States has tripled since 2010.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com