UK Dec house prices steady as buyers try to beat tax hike

Published Thu, Jan 21, 2016 · 09:50 PM

    London

    UK house-price growth maintained momentum in December as a shortage of properties for sale provided support and buyers tried to beat a planned tax increase later this year.

    The Royal Institution of Chartered Surveyors said on Thursday that its price gauge rose to 50 from 49 in November, matching the median estimate in a Bloomberg survey of economists. In London, the measure picked up to 25 from 19.