Norfolks online estate agents. Est. 2007

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12 July 2007

The rate of house price growth more than halved in June as higher interest rates weakened demand in the property market, a report says.

The Royal Institution of Chartered Surveyors said 10.6% more of its members saw a rise rather than a fall in house prices last month.

This was down from the 22.5% more who had reported an increase in May.

The more closely watched Nationwide and Halifax studies both saw house price inflation rise slightly in June.

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