House prices continued to rise in June despite weakening demand for new homes due to a shortage of stock, according to the latest monthly survey from the RICS.

The survey of estate agents found signs of a weakening housing market in the month across a range of measures, with a balance of -27% of respondents to the survey reporting increasing interest from buyers, a balance of -13% reporting a rise in transactions, and even fewer (-21%) forecasting a rise in the next twelve months.

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