The RICS's system is tortuous, but this is how it goes: the number of surveyors/agents reporting house price increases outnumbered those reporting declines by 10.6%, and the headline is that 10.6% is the lowest figure reported by the RICS since January 2006... when we were in the middle of a mini-slump that most commentators appear to have forgotten. It's all about interest rates, says the RICS... buyers are spooked.

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