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EU debt crisis still restrains UK property demand

Posted on 13 January 2012

A UK house-price index showed the property market continued to face strains last month from a deteriorating economic outlook and stretched consumers, according to the Royal Institution of Chartered Surveyors (Rics).
The gauge by London-based Rics gained one point to minus 16 from the previous month, it said in a statement. The reading is the highest since July 2010. A separate British Retail Consortium (BRC) report showed retail sales rose in December………………………………………..Full Article: Source


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