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The Independent UK
The Independent UK
Business
Vicky Shaw

House sales dip but average fixed mortgage rates hit a six-month low

Moneyfacts Rachel Springall HMRC JacksonStops
PA Archive

House sales fell by nearly a fifth (18%) in February 2023 compared with the same month a year earlier, in signs that the housing market is slowing, according to HM Revenue and Customs (HMRC).

Across the UK, an estimated 90,340 homes were sold in February this year, which was 4% lower than in January 2023.

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