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The Royal Institution of Chartered Surveyors' (RICS) released its house price data for the U.K. on late Wednesday evening. The monthly house price balance fell to +19% in May from +39% in April. It was the lowest level since November 2012.
April's figure was revised down from +41%.
The RICS noted that the decline was driven by the impact of Stamp Duty changes and uncertainty around the EU referendum.
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