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Completions set to tumble as housing market hammered

Home sale completions by the UK’s largest housebuilders could tumble by more 18,000 this year, according to figures from RBC Capital Markets.

RBC’s estimates are based on completion numbers from FTSE 100 and FTSE 250 companies.

The declines come as the industry grapples with challenges including soaring mortgage costs and the closure of the Help to Buy scheme.

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