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Scottish surveyors expect house prices to fall then grow: RICS

Property surveyors in Scotland have predicted that house prices will fall slightly in the first three months of the year.

The survey from the Royal Institution of Chartered Surveyors (RICS) showed a dip in the number of buyers inquiring about properties in December. With more than half of those surveyed reported falling prices but, RICS members are confident the number of sales will pick up in the first part of this year. The institution has warned that sellers with unrealistic expectations of price are holding back the market.

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