I'm uploading the latest property data from the Land Registry to my website. Whilst the price of everything else is going through the roof, the price of houses have started going down for the first time in about ten years. The main reason for this is something I hadn't noticed before. Just before the Stamp Duty holiday ended, sales volumes and prices went ballistic. Those figures have now dropped out of the annual price calculations leading to a big drop in prices. The architect of this classic boom and bust could well be our next PM.
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