March slowdown for rising house prices - RICS

The report says although prices rose in March, the pace of growth has slowed from the previous month, with just 13% of chartered surveyor estate agents reporting a rise in prices instead of a fall, compared to 16% in February. It also claims the higher prices are being driven by a sustained period of rising activity as buyer confidence has returned, with buyer enquiries up for the tenth month in a row, underpinned by low interest rates. Agreed sales also continued to rise in March, although the survey also notes the number of new sellers also increased at the fastest pace since June las...