UK house price gauge up from 4-year low
Over the next 1 year, property prices are expected to rise everywhere except London
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London
A KEY gauge of British house prices unexpectedly picked up last month from its lowest level in more than four years, helped by a less negative tone in London and neighbouring areas.
The Royal Institution of Chartered Surveyors (RICS) said on Thursday that its monthly house price index rose to +8 in December from zero in November, which had been its lowest reading since March 2013.
