British house price growth remained stable in February but prices fell again in London, taking the capital’s losing streak to a full year, a monthly survey of property valuers showed on Thursday.
The Royal Institution of Chartered Surveyors (Rics) said its house price balance held at plus 24, matching a revised balance for February, slightly higher than a forecast of plus 23 in a Reuters poll of economists.
London – where the high-end market in particular has been under pressure from concerns about Brexit and higher purchase taxes – reported a 12th consecutive monthly price fall.
Overall, Britain’s housing market has held up more strongly than expected since last June’s Brexit vote.
Rics said demand from new buyers remained static in February but more surveyors expected prices to rise over the coming year in February than in January.
Source: The National
GMT 06:52 2018 Monday ,15 January
Bitcoin fever hits US real estate marketGMT 09:49 2018 Friday ,12 January
Airbnb 'disappointed' by Amsterdam plan to cut rentalsGMT 11:24 2018 Thursday ,11 January
Amsterdam to curb Airbnb rentals to 30 days a yearGMT 09:09 2018 Friday ,05 January
London house prices in first annual fall since 2009GMT 10:45 2018 Thursday ,04 January
SPNB Wants To Build 15,000 Affordable Homes NationwideGMT 05:14 2017 Saturday ,23 December
Afghan raisin houses get a facelift to boost productivityGMT 12:10 2017 Wednesday ,06 December
Sahalah FM Brings 360 Building Services to The KingdomGMT 15:26 2017 Tuesday ,28 November
Amlak redeems further AED100 million of Mudaraba InstrumentMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor