House sales slumped by nearly two thirds last month after the end of the full stamp duty holiday.
HM Revenue and Customs (HMRC) said today an estimated 82,110 residential property sales took place in July, down 62% on June’s record levels.
It compares with a frenzied June for Britain’s property market, when there were 213,120 sales, the highest monthly UK total since the introduction of the statistics in April 2005 and more than double numbers seen a year earlier.
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