LONDON (CU)_In June this year, home buyers raced against the clock to beat the partial end of the stamp duty holiday in England and Northern Ireland, and as a result, the number of homes that changed hands during this month exceeded 213,000, the highest level on record. Therefore, it came as no surprise that sales have tumbled since then, although it was no anticipated that the situation would drive house prices to a fresh record high.
According to Bank of Scotland’s trading division Halifax, the average cost of a property in the month of August, increased by a whopping…