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U.K. housing gauge shows first price drop in a year, RICS says

Posted on 10 August 2010

From Bloomberg: A U.K. housing-market gauge showed the first decline in prices for a year in July as demand for homes fell and more people put their properties on the market, the Royal Institution of Chartered Surveyors said.
The number of real-estate agents and surveyors saying prices fell exceeded those reporting gains by 8 percentage points, compared with a positive reading of 8 in June, the London-based group said………………………………………Full Article: Source

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