U.K. RICS House-Price Index Rose in March as Outlook Improved
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An index of U.K. house prices rose in March as transactions picked up and the outlook improved, the Royal Institution of Chartered Surveyors said.
The gauge increased to minus 1 from minus 7 in February, London-based RICS said in an e-mailed report today, citing a monthly poll of property surveyors. Measures of average sales per surveyor and newly agreed sales both showed growth. Separately, the British Retail Consortium said its measure of retail sales rose in March.