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UK: Fall in house prices accelerates in November - RICS

Posted on 11 December 2012

British house prices fell faster than expected in November, after dropping at the slowest pace in more than two years the month before, but surveyors were hopeful sales would grow in 2013, a survey showed on Tuesday.
The Royal Institution of Chartered Surveyors’ (RICS) seasonally adjusted house price balance fell to -9 in November from -7 in October, a more negative figure than economists had expected, but the overall picture remained broadly flat………………………………………..Full Article: Source


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