The average asking price for a house in the United Kingdom moderated in July, the latest report from the Royal Institution of Chartered Surveyors revealed on Thursday - showing a score of 49. That's down from 52 in June, and represents a five-month low. The decline in prices was centered on London, which had been enjoying a boom in prices through recent months. Analysts had called the surge unsustainable, however - and that was borne out by the July reading. Buyer inquiries in London tumbled at the sharpest rate since April 2008. The material has been provided by InstaForex Company - www.instaforex.com
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