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Evening Standard
Evening Standard
Vicky Shaw

UK home sales plunged by 41% annually in March – HMRC figures

The ‘need-to-moves’ are showing more realism with negotiations, an estate agent said (Anthony Devlin/PA Archive) - (PA Archive)

The estimated number of home sales in March this year was 41% lower than the same month in 2025, according to HM Revenue and Customs (HMRC) figures.

The big annual decrease was driven by high transaction levels a year earlier, ahead of the ending of a stamp duty holiday in April 2025, as buyers rushed to complete transactions at that time.

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