The number of homes sold in the UK tumbled by more than half last month, official data showed on Tuesday.
According to HM Revenues & Customs, the provisional seasonally-adjusted estimate of UK residential transactions in October was 76,930. That was a 28.2% fall on October 2020 and a 52% drop on September, when the stamp duty holiday finally ended.
In contrast, non-residential transactions rose on the same basis to 10,160, a 10.4% annual jump and 1% higher month-on-month.
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