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UK Residential Market Survey

Near term price expectations reach 20 month high

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The RICS Residential Market Survey for December 2015 shows continued strong price growth to end the year with a net balance of 50% of respondents reporting prices to have risen. East Anglia and the South East are still seeing the firmest price momentum but all parts of the UK are reported to be experiencing some growth. This is being driven by a distinct demand supply imbalance with buyer enquiries rising at a faster pace than new instructions for the eleventh consecutive month.

Source : RICS

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Keywords : RICS