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Property transactions at 18-month high as stamp duty holiday ends

15/05/2012 by Larry Elliott, The Guardian

Field and Sons - For Sale board featured in this interesting article on The Guardian website.

Property
transactions are at their highest level for 18 months as first-time buyers seek to complete home purchases before the stamp duty holiday expires at the end of March.

The latest snapshot of the residential property market from the Royal Institution of Chartered Surveyors showed estate agents expecting stronger activity to translate into higher prices later this year.

For the first time in almost two years, Rics said its members were no longer expecting house prices to fall and were seeing transaction levels edge up.

To read the full article http://www.guardian.co.uk/business/2012/mar/13/rics-property-stamp-duty-holiday-ends



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