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House Price Slide At Slowest In More Than Two Years In October - Rics


Ron Burgundy
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2012-11-13T000532Z_1_CBRE8AC009B00_RTROPTP_2_BRITAIN-NATIONWIDE.JPGLONDON (Reuters) - British house prices fell at their slowest pace in more than two years last month as demand from prospective buyers grew, suggesting property prices may be bottoming out, a survey showed on Tuesday. The Royal Institution of Chartered Surveyors' (RICS) seasonally adjusted house price balance rose to -7 in October from an upwardly revised -14 the month before. It was the highest reading since December 2009 and easily beat economists' consensus forecast of -15. ...

 

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