RICS report shows slowdown in prices

Jan. 16, 2007
House price growth slowed in December last year in reaction to November’s interest rate rise, according to the Royal Institution of Chartered Surveyors (RICS). RICS predicts the market will cool further following last weeks unexpected rise. Its monthly survey of members showed that only 37% more reported a rise than a fall in house prices in December. This figure represents …

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