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Saturday, October 13, 2012

RICS forecast property sales to pick up

RICS are forecasting that property sales will begin to pick up but property prices will continue to fall.

With better mortgage rates and banks keener to lend again they feel that some energy is returning to what has been a very flat market outside of London.

Peter Bolton King, RICS Global Residential Director, said: "Prices are still dipping but at a much lower rate than seen in previous months."

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