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HOUSE PRICES dropped 'slightly' in February compared to January 2021, according to Halifax's latest house price index. However, property values remains higher than February last year before the coronavirus pandemic began.
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Property transactions in the UK took a tumble in January for the first time in nine months according to HMRC data, in the latest sign the pandemic-fuelled market boom is coming to an end.
More than 120,000 residential property sales were recorded in the UK last month, according to new figures released by HM Revenue and Customs (HMRC).
House buying momentum dips in January: HMRC By Gary Adams 23 rd February 2021 10:23 am The number of residential property transactions in January 2021 was 2.4 per cent lower than in December 2020, show government figures. At 121,640 transactions, this was 24.1 per cent higher than in January 2020, however. It is worth noting that these figures are provisionally seasonally adjusted estimates, and the government warns that they should be treated with caution. Non-residential transactions came to 8,980 in January 2021, 8.2 per cent lower than in January 2020 and 3.6 p...