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2012 price rebound finished says RICS however London fare better

Regretfully the Royal Institution of Chartered Surveyors stated that 19% more surveyors reported price falls than price rises.

They also reported that newly agreed sales turned negative and the number of properties on surveyors books rose again.

The end of the stamp duty holiday on properties below £250,000 was named as adding that "weak economic data has eroded confidence in the market".

However in London more surveyors reported price rise: 86% of London surveyors said prices were the same or rising

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