The stamp duty holiday has triggered a 22% rise in monthly property transactions, equivalent to more than 171,000 extra sales, according to Search Acumen. The current tax holiday triggered a 7% rise in house prices between June 2020 and February 2021, adding £17,265 to the price of the average home in England. This rise has more than offset the £2,572 savings made on the average property. An average of 103,724 residential property transactions have occurred each month across England and Northern Ireland since the tax break was first introduced in 2020, up 22% from the 84,691 average in the 12 months to March 2020, before the first lockdown stalled the market. Since the measure was introduced, 171,303 extra deals have taken place compared to the pre-COVID period in 2019/20.