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45% of RICS observe falling UK property prices

13 July 17 - RE+D Magazine
45% of RICS observe falling UK property prices

COMPANIES

ETAD.A.E.

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IBI Group

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Solum Property Solutions

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Savills

Consultant - GREECE

PEOPLE

Antulio Richetta

Director IBI Group
There has been "no real easing" in the pace of decline of London house prices, a survey has suggested, with 45% of chartered surveyors in the capital saying they observed a fall in prices in the past three months.

 

The Royal Institution of Chartered Surveyors (RICS) said stamp duty, Brexit and the political climate had helped to push the 12-month indicator for the capital to -1%, the second lowest reading of the year so far.

According to cityam.com, last week figures published by Halifax showed UK house prices fell 0.1 per cent in the three months to June, with prices falling one per cent between May and June.

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