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14/Apr/2016

Rise in property prices set to slow

House prices look set to stall in the period before the upcoming EU referendum.


According to surveyors, the rate of property growth increase is likely to slow to its lowest pace in the last 12 months.
These predictions are made from a poll carried out by Royal institution of chartered surveyors (RICS).

This is a natural slowdown which is often accompanied by general uncertainty at times of elections.

Overall house prices are predicted to continue to rise over the next five years as demand for property still exceeds supply.


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