A survey from the Royal Institution of Chartered Surveyors (RICS) showed that the number of polled real-estate agents reporting rising UK House Prices outnumbered those reporting declines by 32%, an improvement over the previous month’s 30% outcome but still below the latest peak at 35% recorded in November. However, stocks of unsold homes on agent’s books increased for the third month while the number of agreed-upon sales remained unchanged over the same period, suggesting that prices may decline as supply outstrips demand.
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