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UK: Housing market: Rics sees no pick up in sight

Posted on 11 January 2012

There is no sign of the UK property market picking up in the coming months, the Royal Institution of Chartered Surveyors (Rics) has said. Its latest monthly survey says some sellers are still asking too much for their properties, while some potential buyers cannot raise a mortgage.

As a result, surveyors expect the level of sales to stay unchanged in the next three months. In December prices fell across the country, except in London, Rics said…………………………………….Full Article: Source


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