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U.K. house-price index falls as snow disrupts market, RICS says

Posted on 12 February 2013

An index of U.K. house prices fell in January as heavy snow affecting most of the country depressed interest from potential buyers, according to the Royal Institution of Chartered Surveyors.
A gauge by London-based RICS declined to minus 4 from minus 1 in December, it said in an e-mailed report today, citing a monthly poll of property surveyors. While a measure of new buyer inquiries fell to minus 9 from 10, the outlook for home values improved, it said………………………………………..Full Article: Source


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