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UK house prices increased for the first time in two years in September as expectations about future interest rate cuts lifted housing market activity, survey data published by Royal Institution of Chartered Surveyors, or RICS, showed Thursday.The house price balance rose to 16 percent in September from a flat result in August. The balance turned positive for the first time since October 2022.The survey also showed that demand, sales and new listings all returned to growth in September. Demand from buyers posted +14 percent, which was the third positive growth...

UK house prices increased for the first time in two years in September as expectations about future interest rate cuts lifted housing market activity, survey data published by Royal Institution of Chartered Surveyors, or RICS, showed Thursday.The house price balance rose to 16 percent in September from a flat result in August. The balance turned positive for the first time since October 2022.The survey also showed that demand, sales and new listings all returned to growth in September. Demand from buyers posted +14 percent, which was the third positive growth...