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Shortage of Houses on the Market Pushes Up Prices

The UK has seen an increase in interest from prospective homebuyers for the second month in a row, according to RICS, with 10% more surveyors reporting a rise in demand from buyers during October than a fall.

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Halifax Predicts Slowdown in House Price Growth

The latest House Price Index from Halifax has revealed that house prices in the three months to May were 1.4% higher than in the preceding three months. This was slightly below April’s 1.5% and was the lowest since November 2015 (1.4%).

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