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Euronews

Indrabati Lahiri

UK house prices drop in March linked to change in stamp duty rules

United Kingdom United States Amanda Bryden Donald Trump Halifax

UK house price growth fell in March as a flurry of buying activity, linked to a stamp duty threshold change introduced on 1 April, slowed.

According to the Halifax House Price Index released on Monday, UK house prices dropped 0.5% in March on a monthly basis, compared to February’s 0.2% decline. This was also below analyst expectations of a 0.2% rise.

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