The survey also shows how the extent of house price rises across the country has declined over the last month, reversing the upward trend of the last nine months. In June agents reported monthly price rises across 42% of the country, whilst in July this fell back to 31% - see chart 2, page 3. Stripping out the impact of London and the South East the Hometrack survey shows that prices rose across just 19% of the remainder of country in July.

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