Housing boom, ex London | FT Alphaville:
"The latest RICS survey shows that house prices are continuing to boom in the UK.
This is despite the fact that the net balance of surveyors reporting house price gains edged down from 58 per cent in November 2013, which was the highest since 2002, to 56 per cent in December. As Citi’s Michael Saunders notes the overall rate remains very high and consistent with house price gains of at least 10-15 per cent year-on-year, especially since the reading for house price expectations is the highest since 1999.
What’s more interesting, however, is that the boom is no longer as London/South-East centric as it has been."
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