{"id":567278,"date":"2023-01-24T10:20:06","date_gmt":"2023-01-24T10:20:06","guid":{"rendered":"https:\/\/omni48.com\/?p=567278"},"modified":"2023-02-03T10:16:20","modified_gmt":"2023-02-03T10:16:20","slug":"house-sales-fell-by-3-month-on-month-in-december-says-hmrc","status":"publish","type":"post","link":"https:\/\/omni48.com\/news\/house-sales-fell-by-3-month-on-month-in-december-says-hmrc","title":{"rendered":"House sales fell by 3% month-on-month in December, says HMRC"},"content":{"rendered":"<p>The number of UK house sales dipped by 3% month-on-month in December, amid signs that rising mortgage rates are having an impact on transactions. An estimated 101,920 homes were sold in December 2022, which was 1% higher than in December 2021 but 3% lower than in November 2022, according to HM Revenue and Customs (HMRC) figures. The statistics notes in the report state: &#8220;The impact of the recent increases in mortgage rates may now be being observed within these statistics.&#8221; The report said house sales had generally been stable in recent months but were slightly weaker in December. It added: &#8220;The impact of higher mortgages rates is only beginning to appear now because transactions data is based upon date of completion, and it typically takes between two to four months for a house sale to complete. Many buyers are still looking to proceed with their purchase in order to take advantage of pre-agreed mortgages with lower rates Tomer Aboody, MT<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The number of UK house sales dipped by 3% month-on-month in December, amid signs that rising mortgage rates are having an impact on transactions.An estimated 101,920 homes were sold in<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1,47],"tags":[],"class_list":["post-567278","post","type-post","status-publish","format-standard","hentry","category-news","category-real-estate"],"acf":[],"_links":{"self":[{"href":"https:\/\/omni48.com\/api\/wp\/v2\/posts\/567278","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/omni48.com\/api\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/omni48.com\/api\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/omni48.com\/api\/wp\/v2\/comments?post=567278"}],"version-history":[{"count":0,"href":"https:\/\/omni48.com\/api\/wp\/v2\/posts\/567278\/revisions"}],"wp:attachment":[{"href":"https:\/\/omni48.com\/api\/wp\/v2\/media?parent=567278"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/omni48.com\/api\/wp\/v2\/categories?post=567278"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/omni48.com\/api\/wp\/v2\/tags?post=567278"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}