The number of non-adjusted residential transactions was also around 5.1% higher in November compared to October 2016.
The number of property transactions increased by 0.8% between October and November 2016, figures from HMRC show.
However the report shows the UK property transaction count for November was 97,600 residential and 10,810 non-residential transactions which is 7.3% lower compared to the same time in 2015.
March and April 2016 saw a large increase in transactions which the report outlines is likely to be associated with the introduction of higher rates on additional properties in April.
The number of non-adjusted residential transactions was also around 5.1% higher in November compared to October 2016.
Stephen Smith, director at Legal & General, said: “As we draw to the end of 2016, today’s figures are indicative of the supply and demand crisis in our housing market.
“An ongoing lack of supply in our housing market is key to this, pushing up house prices and forcing many first time buyers out of the market.
“Our nation’s housing shortage is a long term issue that requires a long term solution. Only then can we be confident that we will see a positive, lasting impact on our housing market.”
Adrian Gill, executive director of Your Move & Reeds Rains, added: “However, the annual decrease these figures show is likely due to the continuing squeeze on affordability.
“The Government’s recent announcement of a £1.4 billion investment into the housing market, as well as the building of 40,000 new affordable homes, is welcomed news towards addressing this issue.
“Hopefully this funding will start to make a real difference and we will see more buyers secure their dreams of home ownership.”
The report emphasises the numbers seen in the first two quarters of 2016 are substantially higher than the corresponding months in 2015.
