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Further evidence of house price falls
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Posted on
May 14 2008 4:02 AM
by
adeal
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The RICS house price balance dropped for the ninth month in succession in April. Over 95% more chartered surveyors reported a fall than a rise in house prices, an increase from 79.4% in March. The regional picture is even more depressed with surveyors in East Anglia, the North and North West unanimous that house prices are falling. The net balance in Scotland turned negative - previously it was the only UK region where the majority of surveyors were reporting house price increases.
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