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U.K. Housing Market Takes a Breather as Tax Cut for Buyers Ends

  • RICS says activity slows as stamp-duty holiday winds down
  • Other factors set to drive ‘solid market’ in coming year
U.K. Housing Market Ahead of Latest RICS Figures
Photographer: Darren Staples/Bloomberg

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The U.K. property market entered a summer lull in August, with a survey showing sales and demand easing as a tax break began to wind down.