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UK Residential Market Survey

Demand sees further moderate rise while price momentum accelerates

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The June RICS Residential Market Survey shows a further acceleration in price growth with the headline price balance hitting an eleven month high of 40. Prices are reported to be rising in the majority of areas, with Northern Ireland and East Anglia seeing particularly firm momentum during the month. Driving this pick up in growth was further modest rise in demand across most part of the UK alongside yet another decrease in the level of new instructions.

Source : RICS

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Keywords : RICS