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The Independent UK
The Independent UK
Business
Vicky Shaw

UK house sales plunge by 41% year-on-year with one factor blamed for ‘distorting’ market

HMRC United Kingdom

UK home sales saw a 41 per cent decline in March compared to the same month last year, according to HM Revenue and Customs (HMRC) data.

The sharp annual fall was primarily due to a rush of transactions in March 2025, as buyers sought to complete purchases before the stamp duty holiday ended.

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