Is Zakat obligatory on money that was used to purchase a house and then sold before the end of the Hawl (Zakat year)?

If you buy a house with the intention of trading, then zakat (definition) becomes obligatory on you when a full year has passed on the original capital. However, if you bought it with the intention of acquiring it for personal use and then sold it, you would start a new lunar year with its proceeds and pay zakat on it after a full year has passed, provided it reaches the نصاب (minimum threshold).