RICS predicts minor house price rise for 2010

Dec. 22, 2009
House prices are likely to climb one or two percent in2010, the Royal Institute of Chartered Surveyors (RICS) has predicted. In its forecast, RICS said that ongoing factors such as the uncertain economic backdrop, overly cautious lenders and a flat labour market would keep price rises down. However, it revealed that housing transactions were set to rise to a monthly …

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