Main image: SDLT transactions and receipts by price band, 2008-09 and 2018-19
SDLT receipts slump by 10% as high-value property deals fizzle
£1m+ property sales accounted for nearly 3% of transactions last year - and over 45% of total SDLT receipts
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Fastest-moving property market in five years, as buyer demand stays high
The annual rate of UK property price inflation was running at +6.1% in August, according to Zoopla; that's more than double the rate recorded in August last year.
Asking prices climb to another record high as the property market sees its busiest ever H1
House prices are being inflated by "frenzied" buying activity and a continued shortage of properties being listed for sale. There's a 225,000 shortfall of homes for sale, estimates Rightmove;
Asking prices hit another record high, but ‘there are early signs of a slowing in the frenetic pace’ of the property market
Asking prices have increased in every region, reports Rightmove, with larger homes seeing the highest rate of property price inflation.
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