During July there was a major rise in sales of residential real estate in the UK. Over £37bn worth of property sales were recorded during July, and it served as the busiest home-buying month in the last ten years.
Eitan Eldar, the founder and CEO of EEH Ventures, said in an interview on Prfire that: “The big sales boom is most likely due to the exemption of tax on apartments up to £500, 000 – which will be kept in place until March of next year”.
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