UK house sales fell 11k last year to one of the lowest totals on record, HMRC reveals | Mail Online
The UK housing market struggled again last year as just 869,000 residential properties were sold, according to figures released by HM Revenue and Customs (HMRC).
It means sales figures are well and truly still stuck in the doldrums, coming close to the record low in 2009, when just 848,000 homes were sold – the lowest since modern records began in 1978.
The figures reveal that the property market has been in a three-year slump, as sales remain at almost half the levels recorded in the run-up to the financial crisis in 2007.
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