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UK housing market stagnates as London price drop continues

London's property market is in for another rough ride next year, with home values in the capital likely to fall another 2 per cent in 2018 after a 1.8 per cent decline this year, says a report.


THE UK housing market is stuck in a rut.

A survey by the Royal Institution of Chartered Surveyors on Thursday showed a national gauge slipped to zero in November, a result consistent with no change in prices, while the three-month outlook is also broadly flat.