Property prices flat for first time in nearly five years as falling values in London drag down national average

House prices were flat for the first time in nearly five years during the last three months, according to testate agents.
The latest Royal Institution of Chartered Surveyors report found that falling values in London dragged down the national average, with a net balance of 54 per cent of surveyors seeing prices fall rather than rise. 
Tax changes and concerns about Brexit dented demand within the capital, Rics said, whilethe South East and East Anglia also saw dips, albeit slower.
Rics says its monthly house price balance fell to zero in November from +1 the month before. 
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14 December 2017 in Business, Views: 43
Source: Daily Mail

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