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