Tomorrow (Tuesday) morning at 09:30, the Office for National Statistics is publishing data showing the number of property transactions above £40,000 in July. The data should be fairly interesting as June went ballistic due to the stamp duty holiday. All we want to know is this:
- Do you expect the number of completed property transactions to have dropped off in July and August to date? If so, why?
- Do you expect transaction volumes to drop off during the rest of the year? If so, why?
Keep your responses to 2-3 sentences please!
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