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UK housing sales slow in February as tax breaks end, but forecasts predict a 2025 recovery.
The UK housing market slowed in February, marked by reduced sales and a decline in tenant demand, following the end of a tax break for less expensive homes and first-time buyers.
Despite this, forecasts suggest prices could rise by 2.5% in 2025, with London's East Dulwich seeing a surge in £1m+ home sales.
New stamp duty changes may increase costs for buyers, but potential interest rate cuts could boost market activity.
The market is expected to recover, partly due to easing mortgage regulations.
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Las ventas de viviendas en el Reino Unido se desaceleraron en febrero a medida que terminaban las desgravaciones fiscales, pero las previsiones predicen una recuperación en 2025.