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U.K. Housing Market Entered 2016 With Momentum Undimmed

By Tony Seruga

RICS says largest supply jump since 2013 still trails demand
Buy-to-let investors seek property before April tax increase

U.K. house-price inflation maintained momentum in January as market activity picked up to its fastest pace in almost two years, according to the Royal Institution of Chartered Surveyors.

A measure of agreed sales rose to its highest since April 2014 as both demand and supply increased, RICS said on Thursday. Its house-price index was unchanged at 49 last month compared with December. A separate report from Acadata Ltd. and LSL Property Services Plc showed values rose 0.2 percent to 290,642 pounds ($420,500) in January, a second consecutive gain…

U.K. Housing Market Entered 2016 With Momentum Undimmed

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