ABOUT US  |  CONTACT US  |  RSS  |  ARCHIVE  |  2023-05-30  |  UPDATED: 1400/12/03 - 17:55:1 FA | AR | PS | EN
Russia says íopen to diplomacyí over Ukraine, defends recognition of breakaway regions             Pakistan steps up military operation along Durand Line             Ghani Removed From UN Heads of State List             President Lukashenko: Belarus may purchase Russian S-400 missile systems             Iran rejects Reuters report on deal in Vienna talks as effort to boost Western sideís standing             Police throng Ottawa streets in preparation for crackdown on protests            Taliban Delegation Returns to Kabul from Doha             US General: Daesh ďConcerns Us in AfghanistanĒ             Afghan Women Criticize Bidenís Afghan Assets Decision             Afghan U19 Futsal Team Beats Uzbekistan 8-1             ĎNazi saluteí shakes up EU parliament             NY attorney general fires back at Trumpís defense of financial statements             Ethnic Russians in eastern Ukraine say attacked by govt. forces             NJ police cuff Black teen in fight as white teen watches showdown             US sends F-35 jets to Germany amid rising tensions in Eastern Europe            


DATE PUBLISHED: 1400/08/21 - 12:31:0
VISIT: 711
SHARE WITH YOUR FRIENDS

UK house prices soar again, fueled by dearth of sellers: RICS


Construction workers build a new house in Aylesbury, Britain August 6, 2020. (Reuters photo)

House price inflation in Britain picked up last month, propelled by a shortage of sellers that suggested further price rises lie ahead, a closely watched survey showed on Thursday.

The Royal Institution of Chartered Surveyors said a net balance of 70% of its members reported an increase in house prices last month, up from a revised 69% in September.

A Reuters poll of economists had pointed to a reading of 65%.

The October survey showed the first increase in the house price balance since May.

Other surveys have also pointed to continued house price growth since July when a year-long exemption from the stamp duty tax on house purchases was halved in scale in England and Northern Ireland and expired altogether in Wales.

Scotland ended the incentive in April and it expired in its entirety in England and Northern Ireland at the end of September.

RICS Chief Economist Simon Rubinsohn said expectations of higher Bank of England interest rates were a sideshow to the lack of supply of homes coming to the market.

Last week the BoE refrained from raising rates at its November policy decision, against the expectations of many investors, but top officials at the central bank have said borrowing costs are likely to go up soon.

"The inventory on agentsí books appears to have slipped back towards historic lows and this seems to be underpinning both the current price trend and expectations for the next year," Rubinsohn said.

"Meanwhile although there is likely to be some drop in activity in the immediate aftermath of the expiry of the stamp duty break, most activity indicators currently remain solid. Indeed, the main challenge for buyers looking forward may once again be a lack of choice of property on the market."

More than two-thirds of surveyors said they expected house prices to continue rising over the next 12 months, the survey showed.

(Source: Reuters)

 

LINK: https://www.ansarpress.com/english/23800


TAGS:






*
*

*



SEE ALSO

EU to deliver Є500 million to Afghan people


South Korea may punish Tesla


Central bank calls on India to ban cryptocurrency


Imran Khan pledges more development help to Afghanistan


Afghanistanís Central Bank slates US plan for frozen funds


India, WFP signs MoU to distribute food grains in Afghanistan


Central Bank: UN Provided $3.1M Cash Aid in Past 3 Months


UK house prices rise at slowest pace as purchase power at historic low, report


Mujahid Denies Claim of Central Bankís Inability to Convert USD


Iran increases gas supply to Turkey, pipeline repairs postponed: Report





VIEWED
MOST DISCUSSED




POLL

Modi, Merkel Discuss Afghanistan, Radicalisation And Terrorism

SEE RESULT


LAST NEWS

Ukraine considering cutting ties with Russia

Russia says íopen to diplomacyí over Ukraine, defends recognition of breakaway regions

Pakistan steps up military operation along Durand Line

Ghani Removed From UN Heads of State List

President Lukashenko: Belarus may purchase Russian S-400 missile systems

Iran rejects Reuters report on deal in Vienna talks as effort to boost Western sideís standing

Police throng Ottawa streets in preparation for crackdown on protests

Taliban Delegation Returns to Kabul from Doha

US General: Daesh ďConcerns Us in AfghanistanĒ

Afghan Women Criticize Bidenís Afghan Assets Decision

Afghan U19 Futsal Team Beats Uzbekistan 8-1

ĎNazi saluteí shakes up EU parliament

NY attorney general fires back at Trumpís defense of financial statements

Ethnic Russians in eastern Ukraine say attacked by govt. forces

NJ police cuff Black teen in fight as white teen watches showdown

US sends F-35 jets to Germany amid rising tensions in Eastern Europe

Talks on Outsourced Airport Operations Still Ongoing: Ministry

EU to deliver Є500 million to Afghan people

Atmarís Letter to UN Regarding Afghan Mission Denied: Faiq

Afghan Embassy in US Facing Financial Problems

Karzai: Afghan Girls íMust Definitelyí Return to School

US support for the Taliban/ US supports no armed movement against Afghan government: Envoy

South Korea may punish Tesla

Central bank calls on India to ban cryptocurrency

Three women will host this yearís Oscars, while ratings continue to plummet

Western leaders should see doctor over Ukraine Ďparanoiaí, says Russian envoy

GOP boycotts Biden Fed nomineesí vote as bank fights inflation

Europe pledges $11 M to Afghanistanís educational sector

Four dead, 17 missing as Spain trawler sinks off Canada

Putin: Russia does not want war, ready to continue security talks with West

Indiaís hijab row spreads to its most populous state

Israel trying to sabotage Vienna process as talks enter sensitive stage: Report

Kremlin: US talk of imminent Ukraine invasion Ďbaseless hysteriaí

Moderate Democrats fear party infighting could cost them Congress

NBA: Chicago Bulls 120-109 San Antonio Spurs

Afghan Delegates Meet EU Envoys in Doha

UK to Co-Host Afghan Aid Virtual Summit

Afghanistan U19 Futsal Team Beats Tajikistan

Pakistan denies ISI chief meeting Afghan Jihadi leaders in Turkey

IRC urges US, Europe to reset their policies towards Afghanistan before humanitarian crisis kills more Afghans


MEDICAL NEWS


ANSAR PRESS ©  |  ABOUT US  |  CONTACT US  |  MOBILE VERSION  |  LINKS  |  DESIGN: Negah Network Co.
All right reserved. Use this website by mentioning the source (link) is allowed. ›—ś‘ź«Ś «یš —š ی šŕŠ»šŌ«š