• Friday, March 29, 2024

UK

UK’s house prices climb up in July: RICS

House prices in UK moved up in July 2018

By: Radhakrishna N S

House prices in UK moved up in July as prices in London fell weighed on gains further north, while smaller landlords decided not move ahead with small rental sector amid unfavourable tax system, according to a survey on Thursday (9). The Royal Institution of Charted Surveyors’ (RICS) monthly house price balance climbed to +4 last month. House prices in Scotland, Northern Ireland and most of central and northern England moved up, while prices in London fell broadly, and prices in other parts of southern England and in Wales remained unchanged. Property priced at over 1 million GBP, which is common…

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