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The Independent UK
The Independent UK
Business
Vicky Shaw

Annual house price growth halves as buyers reach stamp duty cliff edge

Stamp duty discounts became less generous for some home buyers from April (John Giles/PA) - (PA Archive)

The annual rate of house price growth halved as a stamp duty holiday ended, according to Office for National Statistics (ONS) figures.

The average UK house price increased by 3.5% in the 12 months to April, halving from 7.0% annual growth recorded in March this year.

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