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House sales fall 53%

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10-21-2008, 10:44 PM

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House sales fall 53%

The extent of the slowdown in the UK housing market is amply illustrated by latest figures from HM Revenue & Customs (HMRC), which receives notification of all residential property transactions with a value of over £40,000. According to HMRC, a mere 59,000 residential properties changed hands in September. The figure is at its lowest since data [...]

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