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| House prices to keep on rising |
House prices are likely to keep on rising for the time being, says the Royal Institution of Chartered Surveyors (Rics).
Its latest monthly survey shows that sellers are now beginning to return to the property market.
But they are still being outweighed by the number of potential buyers registered with estate agents.
A separate government property survey said house prices had risen by 6% between May and September.
The Department for Communities and Local Government (DCLG) also said UK house prices rose by 1.2% in September.
Although prices are still 4.1% lower than a year ago, this was the fourth monthly increase in a row and put the average house price at £199,303 across the country.
11/11/2009 |
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