Weakest January for house sales recorded since 2015

Across the UK an estimated 96,650 house sales took place in January 2023, which was the weakest start for eight years.

House sales have got off to the weakest start of the year since 2015, HM Revenue and Customs figures indicate (Anthony Devlin/PA) (PA Archive)

House sales have got off to the weakest start to the year since 2015, HM Revenue and Customs (HMRC) figures indicate.

The number of house sales taking place in January 2023 was 11% lower than the same month a year earlier.

Across the UK, an estimated 96,650 transactions took place, which was 3% lower than in December 2022.