House sales were down by more than a third in March compared with a year earlier, according to HM Revenue and Customs (HMRC) figures.
An estimated 114,650 property transactions took place last month, which was 35.7% lower than March 2021 and a 2.6% increase compared with February 2022.
HMRC said year-on-year comparisons should be treated with caution as last year home-buyers had been rushing to beat the stamp duty holiday deadline.
