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Housing Today
Trusted media brand of the Chartered Institute of Housing
House sales plummet as stamp duty holiday ends
Homebuyers brought purchases forward to beat tax relief deadline
House sales fell by almost two-thirds following a cut to stamp duty relief at the end of June, according to official figures.
HM Revenues & Customs (HMRC) estimates that there were 73,740 residential transactions in July, 62.8% lower than the figure recorded for June.
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