House sales were up 16% in May compared with April, but they were still at only half the level seen a year earlier
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The figures from HM Revenue and Customs show that an estimated 48,450 residential property transactions took place across the UK during May.Image:England's property market was closed for weeks as a result of the lockdown, which was imposed to limit the spread of theThe market in England reopened gradually from 13 May, so the figures are mainly due to sales that were on hold during the lockdown.
Transaction numbers in the second quarter of this year have fallen to levels similar to those seen in late 2008 and in early 2009, following the financial crisis.
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