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UK: House price slide at slowest in more than 2 years in October - RICS

Posted on 13 November 2012

British house prices fell at their slowest pace in more than two years last month as demand from prospective buyers grew, suggesting property prices may be bottoming out, a survey showed on Tuesday.
The Royal Institution of Chartered Surveyors’ (RICS) seasonally adjusted house price balance rose to -7 in October from an upwardly revised -14 the month before. It was the highest reading since December 2009 and easily beat economists’ consensus forecast of -15………………………………………..Full Article: Source


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