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Birmingham Post
Birmingham Post
Business
Lauren Phillips

House sales in Wales fall but shortage of stock drives prices up

Wales RICS Tarrant Parsons Housing Market Interest Rates

Sales in the housing market fell in Wales last month but the shortage of available housing is continuing to raise prices, according to a new report.

The latest Royal Institution of Chartered Surveyors (RICS) Residential Market Survey for July reported that there were fewer homebuyers active in the housing market in Wales last month.

Yet, limited available stock is continuing to drive house prices up.

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