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UK housing market slump continues due to Brexit uncertainty

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The national housing market remains in the doldrums, weighed down by Brexit-related uncertainty and stamp duty increases, according to the latest report from surveyors.

The August survey snapshot from the Royal Institution of Chartered Surveyors (RICS) shows a slight increase in the balance of surveyors expecting price increases over the next month from +1 per cent to +6 per cent.

But the reading for London is well in negative territory and hit its weakest level........

© Independent