(Bloomberg) -- U.K. house prices rose at the slowest
pace in almost 1 1/2 years in June as higher interest rates
discouraged potential buyers, the Royal Institution of Chartered
Surveyors said today.
The number of real-estate agents and surveyors reporting
higher home values in England and Wales outnumbered those showing
declines by 10.6 percentage points in June, the lowest reading
since January 2006, the group said. In London, the balance of
house-price gains matched the lowest since February.
Read more at Bloomberg Currencies News
pace in almost 1 1/2 years in June as higher interest rates
discouraged potential buyers, the Royal Institution of Chartered
Surveyors said today.
The number of real-estate agents and surveyors reporting
higher home values in England and Wales outnumbered those showing
declines by 10.6 percentage points in June, the lowest reading
since January 2006, the group said. In London, the balance of
house-price gains matched the lowest since February.
Read more at Bloomberg Currencies News
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